SOLD : Painting, Decorating, DIY & Some Ironmongery Retailer/Wholesaler - Somerset Town

  • Very long established
  • Excellent name and reputation
  • Paint sales and a popular paint-mixing service (using Corob System equipment) accounts for about 60% of turnover – significant scope to develop other aspects of the trade
  • Turnover £216,000 (Net Profit £20,000 for single working owner) y/e 31/10/2020 despite impact of Covid-19 related restrictions on trade and owner’s declining working ability due to deteriorating health problems
  • Real scope for considerable trade expansion – in addition to benefit of post Covid-19 lifted restrictions ahead
  • Genuine prospects for (say) a working couple to make circa £50,000 p.a. (post Covid-19 restrictions) in 2022
  • Large, double-fronted shop premises in good trading location (with on-street parking) near town centre
  • Valuable freehold property included in sale price
  • Offered for sale at extremely attractive price to encourage an early sale and thereby enable the current owner to retire

MARKETING PRICE : £165,000