DIY and Hardware Stores for sale in Manchester

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Adam Warren (Jan 2017)
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Leasehold Price: £34,995 Price Reduced Turnover: £109,000 Gross Profit: £74,000
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Business Description
Hilton Smythe are delighted to welcome to the market JD’s Electrical and Plumbing Store, a well established hardware store located on the precinct, Copson Street, Manchester.

Our client established the business in 2014 and has successfully ran the business himself. Our client is now wishing to move onto other business ventures.

JD’s currently stocks a huge variety of products such as, tools, hooks, screws, plumbing accessories, paints, adhesives, and household goods, to name a few. In addition to being very well stocked, it also has the facility for a key cutting service, with the machine being included in the sale.

The shop has a 5 star rating on google reviews with customers stating ‘I have been doing a lot of DIY recently and found this great little hardware store on Copson Street so have been using it quite a bit. It’s a family run business and they are always really happy to help.’

This is a fantastic opportunity for anyone looking to get into the trade.

There is scope to further increase turnover by embarking on internet sales and advertising.

Early viewing is highly recommended and are to be made by appointment only. The current owner is happy to offer a handover to ensure the continued success of the business.

The business is located on Copson Street, Manchester.

JD’s Electrical and Plumbing is surrounded by a wealth of complimentary shops and businesses and benefits from a high volume of footfall and passing trade, there is plenty of free street parking in the vicinity.

The area is well served by the public transport system, with several bus stops within easy walking distance of the property.

The area is also well served by the A-roads, with the A6010 and the A56 being within easy driving distance of the business, which links to the M60 motorway network.

Located on a busy shopping precinct with ample footfall. A well presented property with great signage and fully equipped to suite the trade. The premises benefits from free street parking.

Ground Floor

• Slat wall panelling
• Ample shelving and storage systems
• 2 x Central display unit
• Card reader and till
• High shelving for storage
• Racking
• Key cutting machine
• Till

To the rear of the service area is a storage room with stairs to the 1st floor

1st Floor
Currently used as storage, large room with perimeter storage, bathroom and kitchen

The business is secured with a roller shutter and cctv system.

We are advised Leasehold,
As of 2018. 4.5 years remain on the lease.
Annual rent of £17,500.

The business further benefits from being rates exempt.

Current opening hours:

Monday 9.00 am to 6.00 pm
Saturday 10.00 am to 5.00 pm

The business is owner managed.

Financial Profile
The financial report for 2017 of approximately £109,000 with a gross profit of £74,000.

Tenure: Leasehold

Listed by: Hilton Smythe

Find out more about this business opportunity.

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