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Established Newcastle Energy Brokerage for Sale, Includes Modern Office and Loyal Customer Base

Newcastle upon Tyne, Tyne and Wear
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Energy Brokerage for sale due to retirement Photo 1
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Energy Brokerage for sale due to retirementEnergy Brokerage for sale due to retirementEnergy Brokerage for sale due to retirement
  • Status

    FOR SALE

  • Date Submitted:

    22/07/23

  • Advert ID

    517022

  • Leasehold: £250,000
  • Rent: £15,900
  • Turnover: £180,000 (£3,462 Per week)
  • Net Profit: £78,000 (44% Profit margin)

Key Features

  • Offers Invited
  • Prime Location
  • Incentives May Be Available
  • Accounts Available
  • Retirement Sale
  • Fully Fitted
  • Established Business
  • With Car Park
  • Small Business
  • Company for Sale

Business Details

Energy Brokerage for sale due to retirement

Established 2010

Selling due to retirement and poor health 

3 employees at present with office space for another 10

Used to have 7 employees but covid and increased energy prices have affected buyers over past 3 years but the market is now settling and ideal time to expand if wished for 

Leased till Sept 2024 with option to continue

Air-conditioned, modern office of approx 650 sq ft on rural site with free parking as part of a small estate with fields out back. Privately owned with manager

Fixtures & fittings incl

More pictures sent on request

5 mins walk to airport and Metro (underground)/buses/taxis)

Full training to new owners if required 

0900-1700 Mon-Fri opening hours. 

Full website, and social media presence

Large and loyal customer base ready to re-sell to available  

Legally drawn up employee contracts in place plus handbook. 

Salary commission where commission is not part of contract. 

Telesales business with option to visit clients 

Village nearby with all amenities

This business operates on a future revenues basis, which can be negotiated as part of any deal 

Read more

Map

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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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