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Well Presented Builders Merchants - West Midlands for Sale

Oldbury, West Midlands

Leasehold : 50,000
Turnover : 5,200 p.w.

The property is located on one of the areas main through roads which links several surrounding residential and business areas. The highly visible business premises stands alone amongst many commercial businesses and retail parks; an ideal location as there is a mass of motorists and public transport users who pass by on a daily basis. The business benefits from being situated in a popular residential area as it supplies a very large amount of local customers who live within a very close proximity giving the business a consistent trade throughout the year. The location really does offer the best of both worlds whilst having excellent links to both railways and motorways it also has very easy access to Birmingham city centre which is less than the 6 miles away. Sandwell and Dudley train station is less than 1 mile away and has a direct service to Birmingham city centre, Birmingham International Airport and London Euston which is a big plus for holidays and city visits. The business also benefits from being less than 2 miles away from the M5 motorway which links to the M40, M6 and M42 making visiting and commuting very easy.

Genuine reason for sale due to retirement
Advised annual turnover of 270,000
Situated in the town of Oldbury
Training provided
Walk in condition
Easy to run

Business History
Meridian Business Sales are pleased to offer to the market this well presented and equipped builders and plumbers merchants which was established forty years ago and has been in the careful hands of our client since 2008. Only now is our client reluctantly offering the business to the market due to his desire to take well deserved retirement. Since our client took over the business he has invested time and money in the business and premises, meaning it is in full walk in condition. They have continually added new lines and income streams which have enhanced the business massively. Our client informs us that the annual income currently runs at 270,000 (with potential to increase), which is derived from the sale of building and plumbing materials and DIY household products at competitive prices to both trade and public customers. The business uses a 7.5 DAF brick grab and a 3.5 tonne Iveco tipper, for deliveries, which our client is willing to sell under a separate negotiation. There is scope to offer a delivery service; perhaps purchase a 10 tonne vehicle for larger deliveries which may increase income. The business is totally owner operated and our client is happy to provide training during the transition period. The business enjoys a strong reputation within the local community and as such has a high level of regular and repeat trade. The business may benefit with the creation of a professional website. This is a superb opportunity to purchase an established business which is a great base to build upon and as such early viewing is strongly recommended.

Trading Hours: Monday: 7:30am - 5:00pm
Tuesday: 7:30am - 5:00pm
Wednesday: 7:30am - 5:00pm
Thursday: 7:30am - 5:00pm
Friday: 7:30am - 5:00pm
Saturday: 7:30am - 3:00pm
Sunday: 9:30am - 1:00pm

Accommodation: EXTERNAL

Large frontage stocked with building supplies such as:
Bricks etc

Tenure: We are advised leasehold
Is an open Lease
Rent 1,400pm
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326 Advert ID 48457    Sellers Ref : 4606/BSOL

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