Home & Garden Services for sale in Brechin

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John Peacock (Feb 2017)
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Freehold Price: £1,300,000
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Business Description
• Two long-established hardware stores with an excellent reputation
• 2017 turnover of £930k generating an adjusted EBITDA of £225k
• Strong organisational structure with the management team capable of running the business on a day-to-day basis
• Potential for growth

The Hardware Stores
Ref:45462
Offers around £1,300,000
For more information please contact Robin Gower on 07968 780 045

The sale of The Hardware Stores represents the opportunity to acquire a retail business, comprising of two freehold hardware stores in Angus, Scotland.

The business supplies goods and services to the trade and DIY customers, selling household, electrical, decorating, gardening products, tools, fixings, fuel, engraving and key cutting. The business has always maintained exceptionally high standards of service and is proud to give the customer an enjoyable experience each time they visit, supplying a wide range of products with friendly, knowledgeable staff who go the extra mile to help.

The business was formed in the late 1950’s and has been under current ownership since 2007. It has built up a loyal customer base and enjoys a superb reputation within the area with high levels of repeat business. The business is part of a large buying group, giving it all the benefits of a large multinational, and allowing it to offer a wide range of products at competitive prices to its customers.

The current owners are now only selling due to their wish to retire. Therefore, they have presented an excellent opportunity for a prospective buyer to capitalise on their hard work and grow the business further. This would be an ideal opportunity for a larger operator in the sector wishing to add two outstanding outlets to its organisation, or for an entrepreneur who is seeking to acquire a profitable business with an excellent reputation and the scope to expand.

Key features of the business:
• 2017 turnover of £930k generating an adjusted EBITDA of £225k
• Wide range of products and services offered
• Strong levels of repeat custom, with over 200 active account customers
• Strong organisational structure with the management team capable of running the business on a day-to-day basis
• Popular and well established within each store’s respective local areas
• Opportunities for growth and expansion of the business

While the vendors would prefer to sell the business and t
Tenure: Freehold

Listed by: Bruce & Co

Find out more about this business opportunity.

 
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BC45462
Seller Reference:
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