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Hardware and DIY shop for sale in Greater Manchester with over 65 years in the community

Undisclosed, Manchester
Established Hardware, DIY & Gifts Shop, Greater Manchester Photo 1
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Established Hardware, DIY & Gifts Shop, Greater Manchester
  • Leasehold: £59,950
  • Turnover: £158,500 (£3,048 per week)
  • Profit: Not Applicable

Business Details

Established Hardware, DIY & Gifts Shop, Greater Manchester

Overview

A well-established independent hardware, DIY and gifts retailer that has been serving its local community for over 65 years. Over this time the business has built a strong reputation and a loyal, repeat customer base, offering a broad and practical range of everyday hardware and DIY essentials alongside frozen pet food, treats, greetings cards and a complementary gifts range.

The business has shown a consistent ability to adapt and grow, introducing additional product lines over the years to broaden its appeal and generate income from multiple revenue streams. With an annual turnover of approximately £158,500, it presents a genuine going-concern opportunity for a hands-on owner-operator or an existing retailer looking to expand.

Business Highlights

- Well-established independent retailer with over 65 years serving the local community
- Turnover of approximately £158,500
- Strong local reputation and loyal, repeat customer base
- Multiple revenue streams across hardware, DIY, gifts, frozen pet food, treats and greetings cards
- Established fit-out and equipment included in the sale
- Lean staffing structure with an owner plus one member of staff

Location

The business trades from a retail unit within Greater Manchester, a well-populated area that provides a steady flow of local customers who value a dependable hardware and DIY retailer close at hand. The precise location is disclosed on receipt of a signed NDA.

Premises & Tenure

The business operates from a retail unit fitted out to a practical standard for hardware, DIY and gifts retailing, including shelving, refrigeration and point-of-sale equipment. The premises are held on a leasehold basis.

Next Steps

This is an appealing opportunity to acquire an established retail business with a proven trading history and a settled position within its local market. The Information Memorandum is released on completion of a short NDA. Interested parties are encouraged to make contact to learn more about this opportunity. Full details are available in the Information Memorandum.
  • Growth Potential
  • Highly Regarded
  • Loyal Customer Base
  • Repeat Business
  • Scope to Expand
  • Staff In Place
  • Well Established
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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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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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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 'Established Hardware, DIY & Gifts Shop, Greater Manchester - GO9047 / 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.