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West Midlands Powder Coating Company with Strong Client Relationships for Sale

Undisclosed, West Midlands

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    06/02/24

  • Advert ID

    606345

  • Reference

    165880 / Rightbiz

  • Call Agent:

    Registered members »

  • Turnover: £336,000 (£6,462 Per week)
  • Net Profit: On request

Key Features

  • Offers Invited
  • Company for Sale

Business Details

POWDER COATING COMPANY

West Midlands.
Turnover of circa £336,000 with a gross profit of £277,000.
YE24 11-month management turnover of £354,000.
Supplies a complete commercial powder coating service, which includes electrostatic and dip coating.
Enjoys strong relationships with prominent commercial clients operating across the construction, education and manufacturing sectors.
Employs a highly experienced Chargehand capable of overseeing operations on a day-to-day basis and who is happy to help an inexperienced manager to learn about powder coating in a constructive way.
Retains considerable growth potential through the expansion of its offering.
Operates from freehold premises valued at circa £540,000, which are included in the sale on a freehold basis.
Benefits from long-term, low-cost energy agreements and presents an ideal opportunity for high energy users.
Offered for sale to facilitate retirement plans.
Offers invited.

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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 'POWDER COATING COMPANY - 165880 / 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.