Very well established Architectural Ironmongery business
  • PAX01299826672 image 1 DIY and Hardware Stores Epworth
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  • PAX01299826672 image 3 DIY and Hardware Stores Epworth
  • PAX01299826672 image 4 DIY and Hardware Stores Epworth
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Leasehold Price: £295,000
Annual Turnover: £230,333

Operated from the same premises for over 12 years however very easy to relocate.

Price to include all stock,

Longstanding specialists fully equipped Architectural Ironmongery business including showroom and workshop, with genuine scope for expansion / development.
Currently located in North Lincolnshire.

Originally set up in the 90s with a core loyal customer base. This pre-internet business thrived as a traditional mail order company and had an excellent reputation and became the go to place for handforged ironmongery. With a swift transition in to the on-line e-commerce market we became one of the leading online period ironmongery specialists. We have gained page 1 organic search ranking and top rated Ebay status.
Since the current owners (we) bought the business in April 2006 we have transformed the business to become one of the leading Architectural Ironmongers in the UK, with a strong focus on ecommerce and having one of the oldest domain names in the business. This profitable business has gained an excellent rapport with both our UK and overseas customers.
We have built a reputation for offering accurate and honest advice. Proud to be known as the company that specialise in Handforged ironmongery. However, in more recent years our product offering has moved with the times and we now offer a vast range of hardware including all of the latest and fashionable brands such as Finesse – Croft – Kirkpatrick – Stonebridge – From the Anvil to name a few.
Our business sets itself apart from competitors by being hands on, listening to the needs of customers and offering a bespoke service. There is scope to increase this which could be developed in-house or out sourced.
We also have key suppliers worldwide and have developed an exclusive successful collection of quality imported Ironmongery that achieves a healthy profit.

Easily run as a family business.

REASON FOR SALE: Owners retiring.

ESTABLISHED: 1994
CURRENT OWNERSHIP: 2006 as a LTD company
Operated from 2 adjoining modern factory units, 1500sq’ with 8 rooms / work areas / Office / Showroom / Packing / Kitchen / WC’s. 50% is also covered by a mezzanine. Parking for staff / customers is located directly outside the building.

RENT: £655pm

LEASE: 1 year rolling lease.
BUSINESS RATES: £0 (at present qualifies for business rates relief, zero rated).
INSURANCE: £1300 pa

STAFFING: Currently run full time by the 2 owners and 1 x part time book keeper.
Sales price includes Display fixtures and fittings, Display boards, stands, counter, shelving, racking, desks, Blacksmith tools related to the business Anvil Tongs Forge etc, computers, alarm, CCTV, signage.
Included in the sale we will hand over all supplier information including exclusive deals

Stock – Included in the asking price.

This is a fantastic business / lifestyle opportunity that would be perfect for a small team with an interest in Ironmongery - Interiors - building – DIY
Relocatable? This business could also easily integrate within a larger organisation, such as a building supplies etc. Having the business in house could be a fantastic opportunity as costs are incorporated and our customers are able to take advantage of your product offering.
Blacksmithing in not an essential part of this business, however the amount required can easily be learned in a short time span and opens more doors.

TURNOVER (2017/18): £230,333
GROSS PROFIT: £83,500

Sales are generated through
Web Site with + - 6000 products and 25000 variations.
Ebay Shop 500 products, excellent growth area.
Trade Shows, NEC Home building & renovating shows.
Showroom
Resellers
20 years worth of monthly adverts within Period Living magazine plus many more.
Google PPC + Mailchimp advertising
Highly developed organic listings
Social Media
There is much potential to increase turnover by offering 30 day accounts, developing local business and enhancing the mobile website and social media, expanding the range, endless opportunities.
No direct competition with most brands in the area.

Suppling top quality hardware:-
Door knob & Lever handles
Door hinges
Knockers
Letter Plates
Hooks
Window Furniture
Lock and latches
Curtain Poles
Lighting Electrical Switches and Sockets
Stair rods

Tenure: Leasehold ( easy in / out lease ).

Support & Training:
The current owner is prepared to work with the buyer to bring them up to speed with the business requirements and ensure a smooth handover. Within an agreed timescale.

Location Details:
Close to motorway network.
Support & Training:
On site training offered
Trading Hours:
8am ~ 5.30pm Mon to Friday, weekends by appt.
Number of Employees:
1-5
Search categories: DIY and Hardware Stores, Other Retail businesses, Ecommerce/Website based retail
Seller Ref: PAX01299826672
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