Established Kitchen Component Distributor Business for Sale - 25 Years in Operation
Undisclosed
- Status
FOR SALE
- Date Submitted:
26/05/21
- Advert ID
277207
- Reference
BMB10612 / Rightbiz
- Call Agent:
- Turnover: £1,000,000 (£19,231 Per week)
- Net Profit: On request
Key Features
- Established Business
- Company for Sale
- Unique Business
- Offers Invited
- Accounts Available
- Small Business
Business Details
Kitchen Component Distributor
BUSINESS OVERVIEW
BuyMyBiz is exclusively retained to find a purchaser for this established distributor of kitchen components. For over 25 years, the business has grown organically and built a well-respected reputation in the kitchen sector offering customers a “service led” distribution solution.
Long Established & Respected Business
Clients currently include kitchen retailers, designers / specifiers and bespoke kitchen manufacturers. The business currently sells new products exclusively to trade, with small repair parts and end of line products being available directly to customers. There is a real opportunity for a new owner to grow the business by implanting direct sales to customers as well as the trade
Opportunity to Grow Market Share
A loyal and experienced team currently support the vendors in the day to day running of the business. A full and mutually agreeable handover period will be provided; an extended handover period may also be considered if required.
REASON FOR SALE
Our client has built a solid business which is highly scalable and ready for the next phase of business growth. They are looking to retire and they believe the future business opportunity will be best realised in the hands of a new entrepreneurial owner or larger business with the experience, enthusiasm and resources to drive the business forward to the next level
The Opportunity
Ideally, we seek an acquirer with the requisite experience and resources to take this business to the next level. Consideration will also be given to buyers with strong market or client synergies looking for a ‘bolt-on’ business that can add value to existing operations.
- Solid Goodwill & Reputation
- Established Business Reputation
- Financially Stable Business
- Nationwide Clients
- Direct & Trade Growth Potential
- Proven Systems & Processes
PRICE
Offers are invited for the Trading Goodwill Plus Stock at Valuation
Contact Agent
Listing Statistics
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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.
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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.'.
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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.
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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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Contact seller
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.
Be safe, use a Rightbiz Solicitor
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