1974-Established Sutton Coldfield Hardware & DIY Business for Sale with Loyal Customer Base
Sutton Coldfield, West Midlands
- Status
FOR SALE
- Date Submitted:
20/02/24
- Advert ID
607060
- Reference
INT2948 / Rightbiz
- Call Agent:
- Leasehold: £70,000
- Turnover: £165,930 (£3,191 Per week)
- Net Profit: £6,238 (4% Profit margin)
Business Details
Established DIY, Hardware & Household business for Sale in Sutton Coldfield
Established in 1974, Handy Tools is extremely well regarded in the area of Sutton Coldfield, with lots of long-term loyal customers.
The businesses' locality, value for money and superb service have given them a stellar reputation and garnered them over 50, 4* and above ratings on Google.
There is a high level of autonomy as experienced and knowledgeable staff can run the business without the vendor being present.
Initially, revenue was mostly from tool hire, but as the years have gone by, retail sales now take prominence, with 70% approx. of turnover being sales of tools, equipment, and DIY items. Customers are largely all domestic clients.
There remains a very comprehensive list of tools for hire:
Non-gardening tools- Mixers, Sanders, Grinders, Saws, Hammers, Breakers, SDS Drills, Lighting, Welding, Heaters, Dryers, Water Pumps, Generators, Concrete Equipment, Decorating and Carpet Equipment, Ladders, Trestle, Towers, Building and General Trade Tools, etc.
Gardening tools - Lawnmowers, chainsaws, blowers, hedge trimmers, generators, pressure washers, shredders, trimmers, water pumps, etc.
Contact Agent
Listing Statistics
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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.
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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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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.
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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.
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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.'.
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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.
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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.
Be safe, use a Rightbiz Solicitor
Contact seller
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.
Be safe, use a Rightbiz Solicitor
Get Solicitor
