Featured Brokers
CONFIDENTIAL SALE
FOR SALE
18/05/21
276808
ROME / Rightbiz
This is a superb opportunity to acquire a leading (predominately online) retailer of hand tools and related products. The business is available on a Leasehold or Freehold basis.
The business has built up an excellent reputation in their industry and is considered a household name in their sector. The company sell a wide range of hand tools and related products for the jewellery making, dental, surgical, beauty, optical and veterinary sectors.
· Excellent Reputation.
· Loyal Customer base
· High Customer Retention
· Growing market
· Minimal Competition
· Strong brand presence
· Excellent Relationships secured with key supplier.
· Substantial growth on an annual basis since incorporation
· Excellent Sales Software in Place
· High Turnover - £437,845 (2020)
· GP Margin – 30%
· High Adjusted Net Profit – £100,000 (approx.)
· Turnover set to Increase for Year ending 2021
· Excellent bolt on acquisition opportunity
· Huge Potential
· The business is positioned for further growth and success.
The business is offered for sale due to the current owner wanting to pursue other business interests. This represents an excellent opportunity for an entrepreneur, investment group or direct competitor looking for a lucrative acquisition. Offers are invited for this business and further information will be released upon the receipt of a Non-Disclosure Agreement.
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
The data showed regarding this advert 'Leading Online Retailer of Hand Tools and Related Products. Available on a Leasehold or Freehold. - ROME / 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.