DIY and Key Cutting Business for Sale in Colindale London
Colindale, LondonEst. 70 years
- Status
FOR SALE
- Advert ID
654806
- Leasehold: Price on Application (Stock at valuation)
- Rent: £20,000 (£1,667 per month)
- Turnover: £312,000 (£6,000 per week)
- Profit: On request
Business Details
Long Established DIY, Housewares & Key Cutting Business
An exceptional opportunity to acquire a highly respected, family-run DIY, housewares, and key cutting business with over 70 years of successful trading. Situated in a prime, high-footfall location directly opposite a busy bus stop, the shop benefits from a constant stream of passing trade, including regular Oyster card customers and local residents.
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The business has built a loyal customer base over several generations and enjoys an excellent reputation within the community. As the only key cutting and locksmith business on the street, it occupies a unique position with minimal direct competition, generating consistent demand for specialist services alongside a wide range of DIY, hardware, household, and homeware products.
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This is a genuine turnkey opportunity, ideal for an owner-operator or an existing retailer looking to expand. The combination of a long trading history, established customer loyalty, prime location, and exclusive locksmith offering provides strong foundations with further potential for growth.
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Key Highlights:
- Over 70 years of successful trading
- Prime high street location with excellent visibility
- Directly opposite a busy bus stop, generating significant footfall
- Regular passing trade from commuters and local customers
- Only key cutting and locksmith service on the street
- Well-established reputation and loyal repeat customer base
- Wide range of DIY, hardware and household products
- Excellent opportunity for continued growth and development
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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.
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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