Hardware, Household & DIY For Sale in Hull

DOORS, HARDWARE AND DIY SUPPLIES in Hull for Sale.

Long established and highly regarded family business which has served a large East Yorkshire catchment area since 1969. Awarded National retailer of the Year by Hardware Trade Journal and ICI Dulux Paints. The UK’s very first Dulux Colour Matching and Advice Centre. Excellent reputation for its First Class customer service, highly knowledgeable, skilled and friendly staff. Specialists in the supply of domestic timber doors and hardware to the general public and trade persons. Most aspects of DIY trade are catered to, especially paints and decorating materials. The business also offers electrical, plumbing, ironmongery and light building materials. As well as the regular customer base of customers and trade clients from all over East Yorkshire, the business supplies to local authority council sites, schools and care homes. Sales turnover for the year to 31 March 2023 was £482,591 with an excellent gross profit margin of 39%. Detailed trading and Profit and Loss Accounts will be made available to seriously interested parties who have completed a formal viewing with the owners. Genuine reason for sale as one owner is now retired and his son wishes to re-join his former career. This is truly an outstanding opportunity for ambitious new owners to take the reins of a highly regarded and patronised local business.

THE PREMISES - Positioned in a well-known and highly prominent main road spot, with lots of free parking. Circa 3,000 sq ft retail area with high quality display shelving, racking and stands. Energy efficient bright lighting. The Dulux Colour Mixing paint machine is included in the sale. Behind the retail sales area and trade counter is a timber workshop of an additional 500 sq ft including an Industrial grade saw and cutting workbench, glass cutting bench and heavy duty racking. Managers office. Staff restroom with kitchen facilities. Staff toilets (2). Additional storage facility in an adjoining yard with two 20ft shipping containers. The business operates two commercial vehicles which are available by separate negotiation. EPC Band E.
Stock £50,000.