Reputable DIY And Household Goods Retailer In Warwickshire For Sale

Business description

HISTORY

• Established 16 years by current vendor
• A family run business that has established a friendly and highly reputable name
• Regular custom from local residents
• Stock holding and product range has expanded considerably over the years due to customer demand

REASON FOR SALE

• Vendor retirement

PRODUCTS

• Garden tools and varied equipment
• Bathroom and kitchen products
• General electrical connections, cabling sockets and bulbs
• Key cutting facilities
• Hand tools, electrical tools
• Various stocks of wood and architrave/breading
• Sand and cement
• Wide range of nuts, bolts, nails and screws
• Flower stand to the front of shop
• General cleaning products
• Range of paints and decorating products

CUSTOMERS

• Loyal and repeat customer base
• Recognised trading name throughout Coventry
• Recommendations made by word of mouth (even from local competition)

SUPPLIERS

• Consumables supplied through a variety of trade sources
• Full credit agreements in place
• Local hardware Cash and Carry

STRENGTHS

• Very well established with a trustworthy reliable family name
• Prominent location nestled within busy retail area, including: hair salons, post office, fast food, etc outlets and supermarkets
• Loyal repeat customer base
• Business is mostly generated by word of mouth






DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).

An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises.

Property information

Property:

Leasehold

Location:

• Prominent trading position
• Situated within busy retail shopping parade
• Ample street parking
• Large frontage highly visible from main road

Premises details:

• Expansive ground floor retail area
• Free street parking directly outside premises
• Large store room to the rear

Business Operation

Expansion potential:

• No marketing presently undertaken
• Opportunity to increase square footage by removal of partition wall, increasing floor space by approximately one fifth
• Introduction of further product lines, e.g. TV, video and hi-fi, lawn mowers, soft furnishings and range of interior decorating products
• Increase opening hours

Trading hours:

• Monday to Saturday 9am to 5.30pm
• Sunday closed

Employees:

• Vendor / Wife