Relocatable Specialty Engineering Firm - Global Sales, Vibration Isolation & Earthquake Protection
Harlow, Essex
- Status
FOR SALE
- Date Submitted:
03/05/23
- Advert ID
512591
- Leasehold: Price on Application
- Turnover: £500,000 (£9,615 Per week)
- Net Profit: £150,000 (30% Profit margin)
Key Features
- Established Business
- Accounts Available
- Small Business
- Unique Business
- Offers Invited
- Company for Sale
Business Details
Specialty Engineering Business with Global Sales
Specialist engineering company in vibration isolation, acoustics, noise control and earthquake protection technologies. We offer a wide range of products used for mechanical, electrical, plumbing and HVAC industries. All designed, tested & certified in the UK.
Before the pandemic, we achieved a turnover of $1 million, with a peak profitability of 40%. Over the past five years, we have maintained a strong financial track with an average turnover exceeding $760,000 and average profitability exceeding 30%.
These financial indicators show the potential of further growth and profitability. With our established brand reputation, you'll be acquiring a business that is respected and recognized, giving you a head start in capturing market and securing lucrative opportunities.
Contact us today.
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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