Long-Established Hardware Shop for Sale in Birmingham
£50,000
£62,400
TBC
Overview
Leasehold
1992
- Excellent Reputation
- Very Loyal Customer Base
- Huge Growth Potential
- Low Overheads
- Well Equipped Business
This is a fantastic opportunity to purchase an ‘Alladin's Cave’ hardware shop that has been successfully run in a Birmingham suburb for more than 30 years.
The business retails a huge range of items such as DIY, electrical, lighting, tools, motor accessories and a key-cutting service.
They boast an excellent reputation and are very week-known in the area for their great service and fantastic value for money.
Customers tend to be long-term locals and regulars that have been visiting the shop for many years, with generations of customers coming in throughout the last 3 decades.
There is a substantial amount of stock valued at £45K (all included in the asking price) – assets include a key cutting machine. This is an ideal purchase for a knowledgeable owner-operator.
The business is located in Cotteridge, a thriving suburb on the south side of Birmingham, between Kings Norton and Bourneville.
This hardware shop is ideally located on a busy parade of small independent shops in the centre of Cotteridge. The premises is a ground floor shop, with a good sized retail area and a large stock room at the rear of the premises, where there is also a small kitchen and a bathroom.
The business presents a huge opportunity for growth - it has the ability to change stock and product offering which means it can cater to a large variety of customers.
Additionally, there is immense potential to explore the world of online sales, leveraging the power of e-commerce platforms to reach a wider audience and generate increased revenue.
The business also presents ample room for improvement in terms of its social media presence, offering a chance to connect with customers on popular platforms and build a strong online community. Introducing a dedicated website would further enhance the business's visibility and provide a convenient platform for customers to engage with its products and services.
Features
Reputation
- Google: 5.0
Location
- High Street Location
- High Footfall
- Nearby Car Parking
- Limited Competition