Featured Brokers
CONFIDENTIAL SALE
FOR SALE
11/01/24
604916
2679R / Rightbiz
This is the proposed retirement sale of a decades-old company which provides B2B supplies to a range of commercial businesses, public and private institutions, schools, colleges and retailers throughout the UK and across the world.
Run under management by a competent and enthusiastic team, the company is profitable, with a robust sales system in place to ensure both customer satisfaction and growth. The huge ecommerce website is very well established, and a consistent generator of new business. This financial year is expected to be a substantial improvement on last year which, in turn, eclipsed the previous year by some way.
A significant range of products is stocked, and sourced from national and international suppliers. Most products are business essentials, both consumable and non-consumable, non-technical in nature and with healthy gross profit margins in excess of 40%.
Now offered by the current directors as a growing, profitable concern, with a healthy balance sheet and a focussed team in place. The business is available with a new lease on the existing warehouse premises.
Leasehold rent: £35,000 per annum
Location: Based in the South, on a modern trading estate. Full details available to qualified buyers on receipt of an acceptable NDA.
Premises details: Warehouse / Office premises with ample storage and pick/pack/dispatch facilities.
Reasons for selling: Genuine retirement sale. Owners are virtually non-operational and wish to fully retire from the business.
Support & training:
A full handover is offered to suit buyer's requirements.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
Get Solicitor
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