This is a superb opportunity to acquire a well-established, retailer of hardware products and related accessories in Dartmouth. Devon. The business is available on a leasehold basis.
The business operates as a leading retailer of hardware products to their loyal customer base. The vendor has skilfully developed exceptional relationships with key suppliers in their industry which ensures excellent margins across their product range. They sell a wide range of hardware products such as DIY items, fixings, tools, decorating supplies, cleaning products, camping equipment, gardening products and much more. They have a loyal customer base and supply both locals and tourists in the area and online via their fully functioning website. The business is owner operated with no other staff and is open Monday – Saturday.
The business has been established since 1999 but with the current owner since 2019 and has experienced substantial growth on an annual basis since then. They have built up an excellent reputation amongst the local community and are considered a household name in the town. They can also boast a loyal customer base which has resulted in a vast amount of repeat business which has led to impressive financial figures over a sustained period.
The store has a prominent location on the busy market square in the town and the vendor has skilfully combined the character features of the property with modern fixtures and fittings. The shop has two entrances for customers and also has a storeroom/utility room but no toilet facilities; There are toilet facilities in the market square and the council has provided businesses within the square keys to access the facilities out of normal trading hours.
• Business in operation since 1999
• Excellent reputation in area and Industry
• Loyal customer base
• Excellent location
• Minimal competition
• Excellent relationships with suppliers
• High turnover – £167,246
• Huge potential for further growth
• Fully fitted premises
• Excellent transport links
• Parking nearby
It is with a heavy heart that the current vendor is selling due to personal reasons. Due to the nature and impressive financial performance of the business, we strongly advise a viewing to avoid disappointment. This business represents an excellent opportunity for an entrepreneur looking for an established business within the retail/trade sector or an existing business looking for a lucrative acquisition.
We have received many enquiries on this business at an initial stage so please contact us to arrange a meeting to avoid disappointment.