Hardware Shop for Sale in Feltham London with Diverse Product Range and Customer Base
Feltham, LondonEst. 7 years
- Status
FOR SALE
- Advert ID
658531
- Leasehold: £110,000 (Stock at valuation)
- Rent: £22,000 (£1,833 per month)
- Turnover: £175,000 (£3,365 per week)
- Profit: On request
Key Features
- Customer convenience focus
- Versatile product range
- Eclectic product range available
- Extensive range of products
Business Details
Hardware Shop for sale in Feltham London
This well-established hardware store is a fully operational business offering an extensive range of products, making it a convenient one-stop shop for all hardware and household needs. Over the past five years, the store has successfully built a loyal customer base and solidified its presence within the local community. This presents a genuine opportunity for those looking to acquire not only an established and well-positioned hardware business but also one with further growth potential.
The store boasts an organised layout with multiple aisles that cater to a diverse spectrum of needs. Customers can find everything from essential tools and home supplies to gardening items. Its strategic location ensures high foot traffic, with regular visits from locals who appreciate the convenience of having a comprehensive range of products under one roof. The inventory is a mix of essential and specialty items, appealing to both DIY enthusiasts and professionals alike.
Alongside its impressive product offerings, the business is enhanced by a number of attractive features. With a focus on customer convenience, the store caters to a wide array of needs, supported by a versatile and eclectic range of products. Its prime commercial location not only guarantees visibility but also fosters a strong gross profit margin, contributing to the store's overall sustainability.
Growth Potential and Regular Customer Base
There are numerous opportunities for expansion, such as diversifying product lines or introducing new services that could further enhance customer satisfaction and profitability. Coupled with a secure lease for the retail space and a well-established business reputation, the foundation for continued success is solidly in place. The store is primed for someone looking to tap into its potential while benefiting from the loyal customer base it has garnered over the years.
Overall, this hardware shop stands out not merely as a retail establishment but as a cornerstone of the community. It promises both immediate stability and the prospect of growth for future owners willing to invest their vision and energy into its 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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