1978-Established Hardware & DIY Wholesaler for Sale in Staffordshire, 3000+ Product Lines
Cannock, Staffordshire
- Status
FOR SALE
- Date Submitted:
03/06/22
- Advert ID
296386
- Leasehold: £100,000
- Rent: £5,540
- Turnover: £150,000 (£2,885 Per week)
- Net Profit: £30,000 (20% Profit margin)
Key Features
- Fully Fitted
- Company for Sale
- Established Business
- Offers Invited
- Accounts Available
- Small Business
- Owner Financed
- Retirement Sale
Business Details
Hardware & DIY Wholesalers for Sale in Staffordshire Established in 1978 with Good Customer Base
We are a well established business in Cannock Staffordshire with loyal retail customers in the hardware and DIY trade that are based mainly in the West Midlands. We sell and deliver over 3000 lines of general hardware, ironmongery, security, decorating and electrical supplies, fixings, fastenings and flooring metals on a regular weekly or fortnightly basis. We obtain our stock from manufacturers and importers that we have fostered good relations with over many years and so can source most items very quickly.
We present many of our products in loose or skin-packed form under our own Rogers label which has become a recognised brand over the years that can be extended and expanded. We have a semi-automatic skin-packaging machine and roller-cutter that allows us to prepack our products flexibly and at scale.
We also have an ecommerce web site and delivery arrangements with a good courier service allowing us to deliver most of our products on a nextday basis.
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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