Independently Operated Home and Hardware Business, Alness 

Home & Hardware, Alness

Reduced Asking Price: Offers in the region of £89,000 plus stock at valuation (approx. £62,000)

Summary

Home & Hardware is a long-established hardware and home improvement retailer in the centre of Alness, trading from a prominent High Street position. After 14 years it has built a loyal local following and a reputation for knowledgeable service and a wide range.

The business is run by the owners, a husband and wife team, who are selling the trading assets and goodwill on their retirement. It suits a hands-on owner-operator or a couple looking for an established Highland business.

Business Overview

The business has traded successfully for approximately 14 years and was incorporated as a limited company in 2014. During that time, it has established itself as a dependable local destination for household, DIY, decorating, gardening, and seasonal products, together with several useful ancillary services.

The product range includes tools, ironmongery, household essentials, decorating supplies, gardening products, seasonal lines, and general hardware. In addition to retail sales, the business benefits from several complementary services including paint mixing, key cutting, and carpet cleaner machine hire, all of which support customer footfall and additional spend.

The business also services approximately 30 active trade accounts, providing repeat custom from local tradespeople and businesses. This is considered an area with clear scope for expansion under new ownership.

The company is a member of Home Hardware Scotland Ltd, a respected buying group providing strong purchasing terms, dependable deliveries, glossy marketing materials, and ongoing operational support.

The business is currently very owner-led in its day-to-day operation, which has helped underpin its strong customer relationships and service levels. This creates an excellent opportunity for an energetic hands-on purchaser to continue the business’s success and potentially develop it further.

Location

The business is situated on the High Street in Alness, occupying a central and highly visible trading position.

Alness is a well-supported Highland town with a stable residential population and strong road connectivity via the nearby A9, allowing access to Inverness and the wider region.

The business benefits from consistent local footfall, repeat custom, and a convenient trading location.

Financial Information

Further financial information is available to genuinely interested parties after initial discussions, subject to confidentiality

Turnover circa £385,000

Gross margin of around 41%

Current year trading is broadly in line with previous years, with seasonal garden sales the main variable

Stock is currently around £62,000, additional at valuation

Staffing & Operations

The business is operated by the two full-time directors, trading Monday to Saturday from 9:00am to 5:00pm.

The current model is hands-on and owner-led, which has contributed to the strong customer relationships and efficient running of the business.

Opportunity

Home & Hardware offers several clear opportunities for growth.

There is immediate scope to expand the existing base of approximately 30 trade accounts and strengthen supply relationships with local contractors, builders, and tradespeople.

There is also potential to develop online sales. Through the facilities available via Home Hardware Scotland Ltd, an online shopping platform could be implemented with relative ease.

Further opportunities may exist through widening gardening and seasonal ranges, increasing service income, and targeted local marketing.

Reason for Sale

The business is being offered for sale due to the owners’ retirement.

Price

Offers are invited in the region of £89,000 for the goodwill of the business, plus stock at valuation.

Tenure

Leasehold, with flexible terms anticipated subject to landlord agreement.

Further Information

Further information will be made available to genuinely interested parties following initial discussions and subject to confidentiality.

• Long-established and highly regarded independent hardware business

• Prominent High Street trading position in the centre of Alness

• Consistent annual turnover circa £385,000 (net of VAT)

• Broad product range including hardware, DIY, decorating and gardening lines

• Additional income streams from paint mixing, key cutting and carpet cleaner hire

• Approximately 30 active trade accounts with scope for further growth

• Member of Home Hardware Scotland Ltd with strong purchasing terms and supplier support

• Substantial leasehold premises extending to circa 2,589 sq ft with additional external storage

• Fixtures and fittings included, together with EPOS till system, two key cutting machines and two external storage containers

• Owner retirement sale with genuine reason for disposal

• Ideal opportunity for hands-on owner-operator, couple or trade buyer

• Offers invited in the region of £89,000 plus stock at valuation