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Relocatable Lapidary Business in Kent for Sale at £98,000 Plus SAV, High Net Profit

Undisclosed

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    02/08/21

  • Advert ID

    280464

  • Reference

    IZ028 / Rightbiz

  • Call Agent:

    Registered members »

  • Asking Price: £98,000 (Stock at valuation)
  • Turnover: £200,000 (£3,846 Per week)
  • Net Profit: £60,000 (30% Profit margin)

Key Features

  • Attractive Business
  • Company for Sale
  • Unique Business
  • Small Business

Business Details

Relocatable Lapidary business

Ref No: IZ028

Asking Price: £98,000 plus SAV

Location: Kent (Fully Relocatable)

Asking Price Includes:

Turnover c £200,000

Gross Profit c £90,000

Net Profit c £60,000 (Significantly Higher if new owner works the Business)

Over Ten Years Established

Very Little Competition

Introduction:

Turner Butler has been appointed to invite offers of purchase of this well established lapidary. This is an asset sale, the business currently operates within a larger trading company with the trading numbers clearly separated. 

Business Profile:

The business relates to the supply of rock tumbling and jewellery tumbling machines (Lapidary).

Combined with associated parts and accessories required, within the 2lb-6lb entry level market.  

The business is stand alone individually branded that has a long established premium name within its area of activity. At present supply is to trade sellers only.

The opportunity is there to expand the product range and importantly sell direct to the end user resulting in a substantial lift to profitability.

All tooling, equipment and supplier details comes within the price, with existing stock sold at a 30% discount.

                                

Customer Service:

Client satisfaction is paramount. This is borne out by long standing relationships with a loyal customer base. They have significantly improved the build quality over the years. 

Key Strengths:

A very simple business model with little competition which can be operated from a

500 sq ft unit.

Asking Price:

This is an asset sale and the asking price of £98,000 plus stock is for this turnkey operation who`s trading figures are clearly documented. The current stock value is approximately £30k. Full and easy training is included if required.

Employees:

Current labour expenditure is very low and equivalent to 1.3 workers.

Reason for Sale:

Our client wishes to focus on and expand the larger element of their business which

is not connected to the lapidary.

Read more

Contact Agent

Contact the seller for more details, or book a viewing

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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.

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Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

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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.

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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.

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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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 'Relocatable Lapidary business - IZ028 / 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.