DIY and Hardware Stores for sale in Central London

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S Martin (Feb 2013)
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Leasehold Price: £65,000 Price Reduced Annual Turnover: £130,000
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Business Description

Intelligent Business Transfer are pleased to bring this popular business to the market which presents a lucrative platform for a new buyer and is bursting with further growth potential.

Established in 2010, the business has successfully generated a high annual turnover in excess of £130,000 with a healthy net profit of £50,000.
A new owner is presented a well operated retail business which could be grown further if a number of changes were implemented.

Longer operating hours would be beneficial and allow the business to attract more customers throughout the week. As well as this, the current owner has not invested in any advertising. Establishing a social media presence and more importantly, an e-commerce website would allow the business to effectively showcase and sell its products online to a wider audience. Operating a drop-ship model, the business could offer a delivery service to other areas of the UK and would successfully amass a nationwide customer base.

As well as this, growing the product range and offering regular discounts and deals would successfully allow the business to attract further patronage.

The owner has approached Intelligent Business Transfer to find a suitable buyer to take over this business. The ideal candidate will have experience or a keen interest in the retail industry and will strive to uphold the current business reputation, whilst working hard to grow further the yearly revenue.
Number of Employees: 1

Tenure: Leasehold

Listed by: Intelligent Business Transfer
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