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Builders Merchant - Chigwell

Chigwell, London, England

    Seller Reference: KBT46984
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    Business Description
     
     
     
     
     
     
     
     
     
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    Seller Reference: KBT46984
    Request Details
    Business Description
    • Well established builders merchant business to the trade & public
    • Income c. £400,000 per annum with high profit margins
    • Loyal and regular trade customers
    • Excellent reputation for varied stock lines

    Profitable builders merchant business situated in Chigwell, Essex. Family Owned. Loyal and regular customer base. Majority trade clients. Income c. £420,000 per annum with high profit margins. Business will need to be re-located. Retirement sale. Ref: 46984.

    Buildersmart is well used builders merchant outlet which was established by our client in 2015 having worked in the industry since the late 1970’s. The business is only being offered for sale due to our client developing the site where it operates from into flats. The business currently trades from a highly visible property on a main road location in Chigwell, Essex within a densely populated residential area with ample free parking close by.

    The majority of the income generated comes from the sale of bathrooms, plumbing and heating supplies, electrical goods, wholesale building materials and DIY supplies along with a vast range of hardware goods. Whilst the business is open to the public, we have been informed that approx. 90% of the income generated comes from commercial trade such is the reputation for not only the level and diversity of stock held but also for the quality and price compared to some of the national chains which are within the area.

    The business would ideally suit a hands-on operator to maximize profits, but it also offers tremendous growth for any new owner who could develope the partialy done eCommerce web site for online orders, thus building on the strong foundations formed over recent years under the current ownership.

    Due to the entire site being re-developed, the business will need to be relocated to an alternative premise, thus making it an ideal purchase for an existing operator who is looking to expand their own business.

    Summary. Ideal opportunity for a hands-on operator to maximize profits and to move the business on to the next level, building upon the loyal and regular customer base which has been built up over recent years which is only being offered for sale due to the site being re-developed and our clients wish to retire from the sector.

    A meeting with the owner is highly recommended to fully appreciate the highly lucrative business opportunity on offer.
    Is accommodation included?:
    Yes
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