Hardware and DIY for sale in Hertfordshire
Business for sale
Asking Price:
£29,500
Turnover:
£130,000
Annual profit:
25k to 49k
Audited accounts:
Yes
Management accounts:
Yes
Business description
Profitable Lock-up Hardware/DIY/Kitchen Utensils/ Pet Foods and Pet AccessoriesWe are informed the turnover averages £2,500 p.w. in our opinion offering tremendous potential for further increase in the right hands. Gross profit 33% approx.
Price: TO INCLUDE THE SECURE LEASE, GOODWILL, FIXTURES & FITTINGS £29,500 plus STOCK AT VALUATION (£30,000 approx).
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT
Features: 2 Spacious Double Fronted inter-commuicating Shops providing a total sales area in the region of 1,800 sq. ft. Lino tiled floor. Fully equipped including 2 counters, 1 electronic cash registers, modern adjustable shelving, display stands etc.
2 Stockrooms
Staff cloakroom with w.c. & wash hand basin
Staff: The business is at present operated by the vendor with the assistance of his son plus 1 part time staff.
Opening Hours Monday - Saturday inclusive 9 a.m. - 5.30 p.m.
Sunday opening 10 a.m. - 2 p.m. (optional)
Outside Service road at rear
Tenure We understand the premises are held on a secure renewable Council lease having approximately 11 years unexpired at a rental of only £10,500 p.a. exclusive of rates for the next 1 year, with rent review at that time and thereafter every 5 years.
Uniform Business Rates: £6,000 p.a. approx.
RECOMMENDED FOR EARLY INSPECTION
Reference : G4998
Employee details
Fulltime staff:
0
Parttime staff:
1
