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A WELL ESTABLISHED MANUFACTURER OF NONFERROUS METAL COMPONENTS BASED IN THE WEST MIDLANDS

Undisclosed

CONFIDENTIAL SALE

  • Leasehold: Price on Application
  • Turnover: £2,300,000 £44,231 Per week
  • Net Profit: On request

Business Details

Turnover of £2.3m, with an adjusted EBITDA of £169k. Turnover forecast to rise to £2.8m, with an adjusted EBITDA of £204k. Manufactures non-ferrous metal components to client specification and volume requirements, fulfilling high-volume and small-batch orders. Has the facilities to produce high-quality, bespoke, strength-critical components, including a comprehensive range of power presses for hot stamping non-ferrous metal components. Also has a range of rotary and CNC machines, including 5-axis milling and turning capability. Caters to 90 commercial and industrial clients across a diverse range of sectors, including plumbing, gas, oil, construction and marine. Benefits from long-established relationships with a range of 90 blue chip customers, generating 90% repeat revenue Experienced management team in place Operates from leasehold premises. The Shareholders are offering the company for sale as they believe the
time is right for a new owner to take it to the next level. 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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