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Popular South West DIY Store in Somerset with Loyal Customer Base for Sale

Undisclosed, Somerset

CONFIDENTIAL

  • Freehold: £1,500,000
  • Turnover: £823,263 (£15,832 per week)
  • Profit: £140,041 (18% Profit margin)

Key Features

  • Company for Sale
  • Offers Invited
  • Retirement Sale
  • With Car Park

Business Details

Well established and popular DIY store based in the South West

Swan Corporate are delighted to present to market a longstanding and successful DIY store which has established itself as one of the region’s preferred providers.

Available on a freehold basis, the company operates from an impressive 25,000 sq.ft retail property and holds an impressive reputation across the region.

The business benefits from an extremely strong and experienced secondary management structure. With a store manager who has been with the business since 1997 and an assistant manager who has been employed since 2002, their experience and knowledge of the company can prove to be invaluable to an incoming owner.

Further Unique Selling Points relating to the business include:

·       Gross Profit margins of 43%.

·       Loyal repeat customer base that provides significant turnover throughout the year.

·       Minimal direct competition in the area.

This is a rare opportunity to acquire a premium DIY business that has successfully operated for almost 40 years and still holds exciting growth potential. As a result, interest is expected to be high and therefore enquiries are recommended in order to avoid disappointment.

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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.

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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.

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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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The data showed regarding this advert 'Well established and popular DIY store based in the South West - OPEN / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.