Family-Operated Fibreglass Repair Business in Rochester Kent Up for Sale
Rochester, Kent
- Status
FOR SALE
- Date Submitted:
19/01/24
- Advert ID
605302
- Reference
B07769 / Rightbiz
- Call Agent:
- Leasehold: £175,000
- Turnover: £100,000 (£1,923 Per week)
- Net Profit: Not Applicable
Business Details
Family Run Fibreglass Repair Services Business For Sale
BusinessPlease quote reference B07769
CoGoGo are delighted to welcome to the market Mr Fibreglass (Kent) Limited, a highly rated business opportunity that offers fibreglass repair services.
Mr Fibreglass was founded by the current owner (and his brother) in 2016 when they identified a need in the marketplace and the business has been a real labour of love accruing an impressive number of well known clients and a fantastic reputation.
The business is now being sold, albeit reluctantly and with heavy hearts only so the owners can enjoy a well earned retirement.
They specialise in bespoke fibreglass patterns moulds, panels and modifications and can make any fibreglass requirement to any specification and colour.
The business further provides;
- Patterns to moulds and panels
- CNC patterns
- Full Prototypes
- Any colour of gel coat for any panel
- High gloss finishes or basic industrial finish
- High quality materials always used
- Resins – general purpose, fire retardant including phenolic, GRP, FRP
The business is proud of its standout projects, such as the glitter ball for Strictly Come Dancing, Bus Stops for Truform, Electrical boxes for EDF, and bespoke designs for Accademia Museum in Venice but still takes pride in its regular fibreglass repair jobs as well and treats every project, no matter how big or small, with the same dedication and professionalism.
The business has many blue chip customers including;
- Motorsport industry including Formula One
- Railway / train companies
- London Underground
- Ministry Of Defence
- Phenolic work with various train companies
- Bus Companies
- Ads help Bus Stops
- Truform Bus Stops
- Caterham Cars
Key selling points -
- A well established business with an enviable reputation and many blue chip customers
- Current owners happy to offer a handover to ensure the continued success of the business
- Ideal owner managed or partnership business
- Little or no competition locally
- A real opportunity to increase turnover and profits significantly. The current owners have been running at a pace to suit.
- Increase advertising and marketing
- Maximise the use of social media
- Update the existing website
- Employ someone to canvass for new business
- Increase the staff numbers to take on more work
Location
Mr Fibreglass (Kent) Limited is located in Kent and offers its services across London and the South East of England.
Premises
Situated in an industrial unit which is ideally suited to the trade.
A large workshop with an office, WC and additional storage space on the first floor.
The premises benefits from 24 hour security and there is a secure parking space for at 4 cars.
Tenure
We are advised that this business is being sold on a Leasehold basis, with the landlord happy to negotiate a mutually acceptable lease with a new owner. The current rent is £1,128 per calendar month.
Hours
The current trading hours are -
Monday to Friday - 7:00am - 4:00pm
Saturday - 7:00am - 12:00pm
Sunday - Closed
Staff
We are advised that the business is run and managed by our client and his brother.
Financial Profile
We are advised that the business generates a turnover in the region of £100,000. Further financials can be made available upon request.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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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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