FOR SALE
08/05/24
611026
595 / Rightbiz
This is a superb opportunity to acquire a well-established, retailer of hardware products and related accessories in Dartmouth. Devon. The business is available on a leasehold basis.
The business operates as a leading retailer of hardware products to their loyal customer base. The vendor has skilfully developed exceptional relationships with key suppliers in their industry which ensures excellent margins across their product range. They sell a wide range of hardware products such as DIY items, fixings, tools, decorating supplies, cleaning products, camping equipment, gardening products and much more. They have a loyal customer base and supply both locals and tourists in the area and online via their fully functioning website. The business is owner operated with no other staff and is open Monday – Saturday.
The business has been established since 1999 but with the current owner since 2019 and has experienced substantial growth on an annual basis since then. They have built up an excellent reputation amongst the local community and are considered a household name in the town. They can also boast a loyal customer base which has resulted in a vast amount of repeat business which has led to impressive financial figures over a sustained period.
The store has a prominent location on the busy market square in the town and the vendor has skilfully combined the character features of the property with modern fixtures and fittings. The shop has two entrances for customers and also has a storeroom/utility room but no toilet facilities; There are toilet facilities in the market square and the council has provided businesses within the square keys to access the facilities out of normal trading hours.
· Business in operation since 1999
· Excellent reputation in area and Industry
· Loyal customer base
· Excellent location
· Minimal competition
· Excellent relationships with suppliers
· High turnover - £167,246
· Huge potential for further growth
· Fully fitted premises
· Excellent transport links
· Parking nearby
It is with a heavy heart that the current vendor is selling due to personal reasons. Due to the nature and impressive financial performance of the business, we strongly advise a viewing to avoid disappointment. This business represents an excellent opportunity for an entrepreneur looking for an established business within the retail/trade sector or an existing business looking for a lucrative acquisition.
We have received many enquiries on this business at an initial stage so please contact us to arrange a meeting to avoid disappointment.
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Get SolicitorThe data showed regarding this advert 'A well established retailer of hardware products and related accessories in Dartmouth, Devon. - 595 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.