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GD077 -DIY & Hardware Wholesaler

Asking Price: GBP 175000

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Business Location:	United Kingdom » Relocatable » North East England

Category:	Wholesale & Distribution » Durable goods

Description:

DIY & Hardware
Wholesaler
Ref.GD077
Location North East England
Asking Price £175,000
This family business was established by the owner in1989 and has built an oustanding reputation for supplying independent DIY and hardware stores with a wide range of goods, many of which are household named products. The company covers a wide area throughout the North East of England including the major conurbanisations of Teeside, Tyneside and Wearside.

The company’s impressive product offer includes paints and decorating materials, household hardware and electricals (sockets, switches, cables etc.) DIY goods, housewares and gardening. In all they keep in stock over 5000 different lines, although within all these product sectors there remainsconsiderable scope for expansion.

The company has a large database of customers with circa 100 who purchase goods on a regular basis with no one client generating the lions share of the turnover.

Financial Information:

Annual gross sales: (GBP)	N/A

Yearly Revenue: (GBP) Total yearly sales revenue	N/A

Net Profit: (GBP) Total profit before taxes	N/A

General Information:

Business Area:	N.A.

Year Established:	1989

Is Relocatable?:	Yes

Business closed or an asset sale :	No

Is Home based business?:	No

Real estate status:	No

Reasons for selling:	The owner has been working tirelessly to build the business up for the past 20 years and due to ill health would now like to retire. The owner believes this would be a perfect time for someone to take the company forward.

Market competition and expansion:	N.A.

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