Full-service hardware store providing a wide range of building materials and DIY products to both B2B and B2C consumers. Its extensive product line comprises internal doors, flooring, insulation, timber, roof slates/ tiles, paints, sewer and sewer fittings and other various tools. The company provides a wide range of products for home improvement, gardening, building materials, tools, paints, minor plumbing, electrical fittings, and other DIY needs. Located in a thriving area, the company presents a unique opportunity for a strategic buyer to acquire a profitable, customer-centric enterprise with significant growth potential.
Key Aspects
• The company boasts a proven track record and over 35 years of experience in the DIY/hardware and trade builders supplies industry.
• Frequently engages with the local authority through various events and sponsorships, enhancing their local presence and reputation.
• Well renowned for its personalised service offering and advice to customers.
• Strategically located in a prime area to cater to a widespread client base.
• Wide range of stock, consisting of multiple blue-chip brands across the product categories on offer.
• Strong supplier relations ensure extensive range of stock is readily accessible.
• Comprehensive product and service offerings have earned the trust of customers and enabled the establishment of a loyal customer base.
• The company enjoys a massively varied customer base catering to the B2B and B2C markets, ensuring it is not overly reliant on any one sector and resistant to market fluctuations.
Opportunities
• Opportunity for a complimentary acquirer to expand and diversify its existing offering and benefit from the company’s favourable supplier rates and strong reputation, instilling confidence in its value.
• Introduction of an innovative digital marketing strategy, utilising proven tools, such as SEO, click & collect and a more substantial presence on social media, could grow brand awareness and sales, particularly regarding the company’s e-commerce offering.
• An acquirer with the available resources to increase stocking would be primed to rapidly scale the company’s operations in order to accommodate a surge in demand.
• Increased promotional and marketing activities would promote the company's profile and brand.
• A potential buyer with ambitions to scale the business could expand its presence in the domestic and UK markets, allowing the company to consolidate further market share.
Turnover – €5.1m
EBITDA – €547k
