Business Baron

Ironmonger & Hardware

Ironmonger & Hardware: Nails by the pound, paraffin by the gallon. An ironmonger sells thousands of small things, most of them slowly, and is judged on having…

Nails by the pound, paraffin by the gallon. Be the shop that has the one thing nobody else stocks.

An ironmonger sells thousands of small things, most of them slowly, and is judged on having the right one in the drawer. Stock is where the money goes: screws, hinges, tools, lamp oil, garden seed and a back room of things that sell twice a year. The margin is good on the small lines and thin on the big ones, and the customer who comes in for a washer leaves with a saw if you know your trade.

Setup costs
£27,000 to £137,000
Competition
Medium
Category
Shops & High Street Services

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