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Established Durham Cleaning Products Supplier Business for Sale in Stanley County

Stanley, County Durham

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    08/11/23

  • Advert ID

    602332

  • Reference

    506 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £265,000
  • Turnover: £421,190 (£8,100 Per week)
  • Net Profit: £98,000 (24% Profit margin)

Key Features

  • Fully Fitted
  • Attractive Business
  • Accounts Available
  • Adjacent to Multiple Retailers
  • Prime Location
  • With Car Park
  • Established Business
  • Retirement Sale
  • High Turnover

Business Details

This is a superb opportunity to acquire an established supplier of cleaning products in Durham

This is a superb opportunity to acquire a well-established, supplier of vehicle cleaning products based in Stanley, County Durham. The business is available on a leasehold basis.

The business operates as a leading supplier of professional vehicle cleaning products to trade customers. They have a loyal client base of 500 regular clients covering a huge area from the Northeast down to North Yorkshire. They supply their clients with a vast range of professional products from shampoos, traffic film removers, and specialist polishes, to wheel cleaners, degreasers, and ancillary products. All their chemical products have been carefully selected for concentration, quality, and ease of use. Although purchase price is an important aspect, the correct cost in use price is what differs this business from others, highly concentrated at the right price.

The business provides services to its established clientele through two sales representatives, each responsible for a designated geographical area. Every morning, the representatives replenish their vans at the central depot before visiting clients within their respective areas. They subsequently return to the depot in the evening. The two vehicles are included in the sale along with all other assets and stock. The business serves a diverse clientele, including car dealerships, coach companies, local authorities, Police and Fire Services.

The business has been established since 1989 and has experienced substantial growth on an annual basis since then. They have built up an excellent reputation across the Northeast and are considered a household name in their industry. They can also boast a loyal customer base which has resulted in a vast amount of repeat and recommended business which has led to impressive financial figures over a sustained period.

The current owner owns the freehold of the building but is aiming to lease the property to the new owner. The premises have been renovated to an exceptionally high standard as the current owner has skilfully combined the character features of the property with modern fixtures and fittings.

·       Business in operation since 1989

·       Substantial growth since establishment

·       Excellent reputation in area and Industry

·       Loyal customer base who use the business regularly

·       Vast amount of repeat business

·       Minimal competition

·       Minimal overheads

·       High turnover - £379,000 (approx.)

·       Huge potential for further growth

·       Excellent transport links

·       Loyal experienced staff

·       All fixtures, fittings, and assets included in sale

It is with a heavy heart that the current vendor is selling due to a retirement. Due to the nature and impressive financial performance of the business, we strongly advise a viewing to avoid disappointment. This business represents an excellent opportunity for an entrepreneur looking for an established business within the cleaning supplies sector or an existing business looking for a lucrative acquisition.

We have received many enquiries on this business at an initial stage so please contact us to arrange a meeting to avoid disappointment.

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Contact Agent

Contact the seller for more details, or book a viewing

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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.

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Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

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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.

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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

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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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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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The data showed regarding this advert 'This is a superb opportunity to acquire an established supplier of cleaning products in Durham - 506 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.