DIY and Hardware Stores for sale in Birmingham

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Successful & Lucrative DIY Store

Birmingham, West Midlands, England

  • Leasehold Price: £49,999
  • Turnover: £200,000
Seller Reference: B05723
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Business Description
 
 
 
 
 
 
 
 
 
 
 
 
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Seller Reference: B05723
Request Details
Business Description
Business
Hilton Smythe are pleased to have been given the opportunity to manage the sale of Flaxley DIY which is a well-established Builders Merchants / DIY shop with a renowned reputation amongst residents. This is a superb opportunity to take on a high turnover local business in an area teeming with customers.

Flaxley DIY has been ran successfully and lucratively for the last 3 years or so. The business has flourished under his ownership accruing an impressive number of regular customers and a burgeoning reputation. Alas this great little business is now being sold, albeit reluctantly and with a heavy heart only due to health issues.

The vendor is keen to see his beloved DIY shop pass to an ambitious and entrepreneurial new owner who can take this already thriving business to the next level.

Flaxley DIY is well stocked and offers a massive range of products including:


  • Bathrooms.

  • Plumbing.

  • Tools.

  • Paints and Varnishes.

  • Wallpapers.

  • Guttering.

  • Architectural Ironmongery.

  • Fixings and Fastenings.

  • Decorating Supplies.

  • Electrical Goods and Fittings.

  • Garden Tools.

  • Roofing.


The sale will include the company website and Facebook and Instagram pages, and the business enjoys great visibility on the internet.

Reasons to Buy:


  • A well-established business with an enviable reputation and many existing customers.

  • Low running costs with inexpensive rent and no business rates.

  • Current owner happy to offer a handover to ensure the continued success.

  • Ideal owner managed or partnership business or a bolt on to an existing DIY business.

  • Sale will include the company website and all social media platforms.

  • Priced to facilitate a quick sale.

  • Little or no competition locally.


Hilton Smythe highly advise early viewing to avoid disappointment.

Location
Flaxley DIY is in Smethwick.

Smethwick is an industrial town in Sandwell, West Midlands, historically in Staffordshire. It is 4 miles west of Birmingham city centre and borders West Bromwich and Oldbury to the north and west.

Flaxley DIY is in a small but unusually busy and vibrant shopping parade, fronting a main road and thus benefits from high levels of footfall and passing trade. The business is nicely presented and maintained with clear visible signage and distinctive livery. There is free on street parking immediately outside the premises and further on street parking in the roads and streets surrounding the business.

Premises
Flaxley DIY occupies generous ground floor premises and briefly comprises:

Shop

Windows and glazed doors to front creating a light, airy and inviting interior, generously proportioned with tiled floor and suspended ceiling with concealed led lighting, long (6m) bespoke counter with racking to front and generous wrapping area with till and card machine, perimeter shelving, long tool section, freestanding displays, ample floor storage space, 9 camera CCTV system, generous stock room.

Tenure
We are advised that Flaxley DIY is being sold as a leasehold business opportunity.

The existing lease is arranged on a monthly rolling basis and we are advised that the landlord would be happy to negotiate a mutually acceptable lease with a new owner.

The current rent is £8400 per annum which is reasonable given the size and location of the premises.

We are advised that the business benefits from being exempt from business rates.

Hours
Monday to Saturday: 09.00 – 18.00

Sunday: 10.00 – 16.00

Staff
The business is run and managed by our client.

Financial Profile
Flaxley DIY generates an advised current turnover of circa £200,000 per annum and continues to grow at an impressive pace.

Tenure:
Leasehold
Listed by:
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