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Diamond Coated Tools Manufacturer with £270,000 Turnover For Sale

Undisclosed

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    17/01/20

  • Advert ID

    254731

  • Reference

    161245 / Rightbiz

  • Call Agent:

    Registered members »

  • Asking Price: £600,000
  • Turnover: £270,000 (£5,192 Per week)
  • Net Profit: On request

Key Features

  • Company for Sale
  • Established Business

Business Details

LONG RUNNING MANUFACTURER OF ELECTROPLATED DIAMOND COATED TOOLS

FULLY RELOCATABLE OPPORTUNITY
Turnover £270,000 with an adjusted EBITDA of £206,000.
Manufactures and refurbishes diamond coated cutting and grinding tools.
Products include grinding wheels, taper grinders and handheld files.
Clients operate across a variety of sectors including aerospace, automotive and food processing.
Maintained an outstanding reputation within the industry over its many years in operation, resulting in strong client relationships and regular, recurring revenue.
Offered as a fully relocatable opportunity.
Offered for sale to facilitate retirement plans.
OIRO £600,000.

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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 'LONG RUNNING MANUFACTURER OF ELECTROPLATED DIAMOND COATED TOOLS - 161245 / 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.