Rc Gracey Marketing, 67 Tandragee Road Gilford, Craigavon
Radius
Type
Sale/Rent
Price Range From Up to to
Min Price
Max Price
Bedrooms Beds Min Beds Max to Beds
Min Beds
Max Beds
Draw Search
Advanced Options:
Advanced Search >

Property Styles

Land Types

Furnished Types

Property Attributes

Close Advanced
X Icon

Rc Gracey Marketing, 67 Tandragee Road , Gilford Craigavon , BT63 6HP

« Back
For sale | Retail |
Offers around £130,000
Photo 1

Key Information

Address Rc Gracey Marketing, 67 Tandragee Road, Gilford, Craigavon
Style Retail
Status For sale
Price Offers around £130,000

Additional Information

RC GRACEY MARKETING, GILFORD, CO DOWN LUCRATIVE BUSINESS FOR SALE AS A GOING CONCERN

Established in 1996, this family run business caters widely for the agricultural industrial, commercial and domestic sectors through both retail and wholesale.

Sole distributors in Northern Ireland for EUROL lubricant products and LOKWELD welding accessories.

Owner retiring and seeking a purchaser to acquire and grow the business to it’s potential.




  • LOCATION

    67 Tandragee Road, Gilford, BT63 6HP.

  • BUSINESS
  • Since the business commenced in 1996, a wide and loyal customer base across Northern Ireland has been established including customers ranging from local factories to government authorities. The majority of customers return on a weekly and monthly basis.

    Products include:-

    General hardware

    Waterproof and protective clothing

    Selection of footwear

    Oil handling products

    Hand tools

    Air tools

    Greasing, cleaning and oil absorbent products

    Ratchets, straps and selection of V belts

    Range of cutting discs and abrasives.

    Oxide paints and pest control products.

    Sole distributors for EUROL LUBRICANT products and LOKWELD welding accessories.

    Contract with John Thompson & Sons Ltd to store fertiliser and sell on a commission basis.


  • EXCLUSION

Agency for Grafo-therm products.

      Website:- www.rcgraceymarketing.com

  • PREMISES

    The business has expanded over the years and operates out of modern premises 63’x22’ with adjacent yard area.  These premises would be available to the successful buyer at an annual rent which is negotiable.

    Alternatively should the buyer prefer to acquire the business and move it’s location to their own premises, that is also an acceptable option.

    The building was constructed approximately ten years ago and includes a reception area and main shop with toilet facilities.  The construction is of steel frame block walls and cladding.  Alarm system included.

     

  • REASON FOR SALE
      The current owner is retiring from the business and intends reducing his working week and spending time exploring other avenues.


  • FINANCIAL INFORMATION

 

31.3.21       

31.3.20       

31.3.19       

Turnover

236,726       

205,103       

226,029       

Gross Profit

92,160

100,335

66,640

%

39%

49%

29%

 

 

 

 

Expenses

 

 

 

Rates

308

1,791

1,833

Insurance

2,579

3,884

2,434

Light & Heat

4,263

4,757

4,235

Repairs/Maintenance

12,955

3,776

5,958

Telephone

2,442

4,020

2,085

Printing, postage & stationery

764

2,062

835

Sundry expenses

950

1,190

54



  • VENDORS SOLICITOR

      Mr Joseph Cullen, RM Cullen, 16-22 Edward Street, Portadown, Co Armagh

      028 38 333241

  • VENDOR’S ACCOUNTANT

    WJ McClelland, 7a Gilford Street, Tandragee

    028 38 849192

     

    Interested parties seeking more detail on the financial aspect of the business should request their own accountant to make contact with Mr Billy McClelland (as above).  

     

  • VIEWING

      By appointment with the Agents.

  • GUIDE PRICE

    Offers around £130,000 excluding stock



Need Some More Information?

Fill in your details below and a member of our team will get back to you.

Please check you have entered all details correctly: