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SOLD OR WITHDRAWN FROM THE MARKET
Advert pending deletion

Well Stocked Discount & Hardware Store

Cheadle, Manchester
Leasehold Price:
£16,999
Status
SOLD / WITHDRAWN
Advert ID
229540
Reference
B04678 / Rightbiz
Business
Hilton Smythe welcomes to the market Price Busters. The business offers a vast array of products at reasonable prices, everything you would expect from a discount store.

Originally founded over 20 years ago and taken over by our client over 15 years ago, the business is now reluctantly offered for sale as our client looks towards retirement.

The discount store includes sales of:

• Hand towels
• Toys
• Pet products
• Decorating materials and tools
• Home fabrics
• DIY tools
• Gardening equipment
• Cards
• Crockery
• Soft furnishings


The already profitable business has the advantage of low overheads and we feel would benefit from an injection of capital and new ideas to take the business on to the next level.

Reasons to Buy:

• Low running costs with inexpensive rent and no business rates
• Ideal owner managed or partnership business
• A real opportunity to increase turnover significantly, current owner been running at a pace to suit due to poor health
• Walk in condition and priced to sell
• Well-established business with an enviable reputation and many existing customers
• Prime trading position




Location
Cheadle is a suburban village in the Metropolitan Borough of Stockport, Greater Manchester, England. Historically in Cheshire, it borders Cheadle Hulme, Gatley, Heald Green and Cheadle Heath in Stockport, and East Didsbury in Manchester.

The site is in an excellent trading location along a main bus route in and out of the area and is easily accessible on foot or by car, with ample on street parking close by and surrounded by residential dwellings as well as other businesses in this busy location.



Premises
Externally the business is highly visible with large display windows and forecourt displaying several products.

Internally this is a large retail unit with fitted shelving around perimeter and display units exhibiting the vast array of stock and serving counter.

At the rear of the unit is a stock room, store room and toilet facilities.

Equipment:

• Till
• Freezer
• Fridge
• General store equipment




Tenure
We are advised the business is being sold as a Leasehold business opportunity.



Hours
Monday - 09:00 am - 6:00 pm
Tuesday - 09:00 am - 6:00 pm
Wednesday - 09:00 am- 6:00 pm
Thursday - 09:00 am - 6:00 pm
Friday - 09:00 am - 6:00 pm
Saturday - 09:00 am- 6:00 pm




Staff
The business is currently run by our client with the help of a part time member of staff.



Financial Profile
Price Busters generated an advised turnover of circa £71,582 as of the 2018 accounts, with a NET profit if £15,592.



Listing Details
Leasehold Price: £16,999
Tenure: Leasehold
Location: Cheadle, Manchester
Sector: Discount Stores, Household Goods Businesses
Financials
Annual Turnover: £71,582
Contact Agent
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Advert Reference: B04678 / Rightbiz

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