 | Hardware Wholesaler For Sale West Midlands, West Midlands, United Kingdom Advert ref: 1422JMH FINANCIAL DETAILS | Asking price: < £200k Sales revenue: £450,000 Net profit: < £100k Fixtures value: Undisclosed Stock value: Undisclosed | BUSINESS DESCRIPTION | The Business Partnership is pleased to be able to offer for sale this hardware wholesaler who supplies general hardware businesses and DIY outlets with a range of business, home and garden products throughout targeted areas with England and Wales. Established 20 years with sales over £450,000 per annum, producing a gross margin of over 43% and returning on average Adjusted Net Profits of £80,000 over the last 2 years. New lease available or can be relocated.
| GENERAL INFORMATION | Years established: 20 years Relocatable: This business can be relocated. Property: Leasehold
Lease terms Two separate leases apply making a total a rent payable of £16,000 per annum.
Location Country location offering very competitive rates.
Support & training Excellent handover assured.
Reasons for selling The owners wish to pursue other business interests
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