Well Established Diy Centre - Lancashire for Sale
Leasehold : £ 115,000
Turnover : £ 4,231 p.w.
This excellent DIY centre is positioned in the large rural commuter village and civil parish of Parbold which is situated between Wigan and Ormskirk, in west Lancashire.
The business is to be found through main road within a busy shopping parade surrounded by complementary businesses, residential properties and parking facilities including free parking for more than 20 cars which are all beneficial for the business as it derives much of its trade.
Parbold is popular with tourists, who visit the many attractions and leisure facilities in and around the village, nearby Wigan holds some of them such as; Haigh Hall Country Park, DW Stadium and Wigan Little Theatre.
Situated just 4 miles from Junction 27 of the M6, the village can also be accessed via the regular rail service which runs between Wigan and Southport which makes it very accessible from the whole of the North West.
WELL ESTABLISHED DIY CENTRE - LANCASHIRE
Advised annual turnover of £220,000 with a GP margin of 45%
Situated in the desirable village of Parbold, Wigan
Preston store also for sale quote Ref: 3827
Genuine reason for sale due to retirement
Early viewing essential to fully appreciate
Established and highly reputed business
Well presented website included
Scope for further development
Currently run at a pace to suit
Meridian Business Sales are delighted to offer for sale this superb DIY centre which was established in 1971 and has been in the careful hands of our clients since 2000. Our clients are reluctantly offering the business to the market due to their desire to take a well deserved retirement.
Since our clients took ownership of the business, they have invested considerable time and capital into expanding and modernising the business and premises meaning it is in full walk-in condition.
Our clients inform us that annual turnover currently runs at £220,000 with a gross profit margin of 45% which is derived from the sale of housewares, hardware and DIY products such as tools, decorating supplies, kitchenware and key cutting etc.
The business enjoys a strong reputation within the local community and beyond and as such has a high level of regular and repeat custom in addition to a large volume of passing trade.
Our clients are also selling their other DIY store which is based in Tarleton; a similar large rural commuter village between Southport and Preston; further details can be obtained by contacting ourselves and quoting reference 3827.
This is a rare opportunity to purchase a highly successful established business, which is a great base to build upon and as such early viewing is highly recommended as this superb business is not to be missed.
||Monday – Friday: 9:00am – 5:30pm
Saturday: 9:00am – 5:00pm
||Double glass fronted and well presented character property, briefly comprising:
Secure entrance leading to:
Open plan store
Serving/payment counter with EPOS system
Paint mixing facilities
Key cutting station
Carpet cleaner hire
Various shelved and free standing displays
Car parking for approx 20 vehicles.