Property Information
Address:
Birmingham, West Midlands
Price: Property no longer available.
Size: SOA
Primary Category: Businesses For Sale
All Categories:
Businesses For Sale,
Property Ref/Movehut: MH489432
Property Ref/Agent: 2155-popular-builders-and-plumbing-merchant-business-in-birmingham
*Please use the agent ref when calling the agent directly.
Property description
Hilton Smythe is delighted to welcome to the market this builders and plumbers merchant business in Sparkhill, Birmingham. The business was established by our client in 2013 and is only now being offered to the market due to our client's desire for a change of career. The business operates 6 days per week and generates a turnover in the region of 520,000 per annum, with a gross profit of approximately 30%.
Our client offers a wide range of high quality building materials, tools and equipment to the building trade, with several trade accounts already in place. The business is also open to the general public. The business has an excellent reputation within the area, which has resulted in a very loyal client base with a lot of repeat, as well as word of mouth referrals. The premises boast a large sales area with numerous displays and a well-equipped warehouse.
The stock can be bought at a separate price of 35,000.
We feel the turnover could be increased by embarking on a marketing campaign to highlight the goods and services offered. A new owner could also launch a website to promote the business, which could incorporate online ordering and delivery services. We are advised that if a delivery service was offered by a new owner the turnover would increase significantly, as there is demand within the area. This is an excellent opportunity for a new owner to take this busy builders merchant business to the next level; therefore early viewing must come highly recommended.TENUREWe are advised Leasehold:
Rolling lease.
Rent: 1,300 per month.HOURSThe business is open:
Monday - Saturday: 8.00am - 6.00pm
Sunday: ClosedSTAFFThe business is owned run and managed with one staff member.FINANCIAL PROFILEThe business generates a turnover in the region of 520,000 per annum, with a gross profit of approximately 30%.
Stock can be bought at a separate price of 35,000.
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