Back to listings Save

Well Established Distributor Business For Sale

Haywards Heath, West Sussex
1 of 1
Well Established Distributor Business For Sale Photo 1
Well Established Distributor Business For Sale Photo 2
Well Established Distributor Business For Sale Photo 3
Well Established Distributor Business For Sale Photo 4
Enlarge
Well Established Distributor Business For SaleWell Established Distributor Business For SaleWell Established Distributor Business For SaleWell Established Distributor Business For Sale
  • Asking Price: £319,995
  • Turnover: £570,914 £10,979 Per week
  • Net Profit: Not Applicable

Business Details

Business
Please quote reference B07006

Hilton Smythe are welcoming to the market Redhill Bearings LTD. The business was established in 1958. Only now does the business come to market as our clients are now looking forward to their well-deserved retirement.  

Redhill Bearings offers a wide variety of bearings, belts, bushes, adhesives, lubricants etc. The company have the added benefit of being the official distributers for several well-known brands.

There is a very informative website included in the sale www.redhillbearings.co.uk . The business would highly benefit from adding an e-commerce site.

Since establishment, our clients have built up an inevitable reputation with all the locals and regular customers and boasts a 5 star rating on Google reviews with customers stating ‘Fantastic old fashioned stockist. I wanted a belt for a 20-year-old discontinued lawn mower, and they had the part at a great price. Super happy’ and ‘Great company used them for at least 30 years. Always helpful.’ A handover period will be offered at point of sale to ensure the continued success of the business.

We feel there is scope to increase the already exceptional turnover by extending the opening hours, embarking on modern marketing schemes and online sales should the purchaser desire.

The following is included in the sale:

  • Computers
  • Printers
  • 2 x delivery vans
  • Racking
  • Shelving
  • Storage systems
Early viewing is highly recommended situated as the business is in such a sought for location with a great financial profile. Viewings are strictly by appointment only.



Location
Redhill Bearings Ltd is located on Brighton Road, Handcross, West Sussex. There is an option to relocate the business should the purchaser desire.

Handcross is a village in the Mid Sussex District of West Sussex which lies on the A23 road 4.2 miles South of Crawley and approximately 1 hour and 30 minutes’ drive to London

Handcross Primary School is situated at the northern end of the village there is also Handcross Park School which is an independent prep school.

The closes station is Balcombe train station which provides an overground Southern, Thameslink and Gatwick Express service calling at stations such as Gatwick Airport, Clapham Junction and London Victoria.



Premises
There is an option to relocate the business should the purchaser desire or to lease the premises on a 5-year term, with a 3 year break clause.

The premises are in the circa of 200sqm and comprise of a main service area with counter.

Large storage systems, and central storage stands.



Tenure
We are advised the business is being sold on a relocatable business only basis.



Hours
The business trading hours are:

Monday to Friday - 08:00am to 16:00pm

Saturday & Sunday - Closed



Staff
The business is run and managed by the 2 owners and 1 full time driver.



Financial Profile
We are advised the business generated a turnover of circa £570,000 as of 2021, further financial information can be made available upon request.

Please quote reference B07006



Read more

Contact Agent

Contact the seller for more details, or book a viewing

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

Do not 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 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.

0 of 0

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.

0 of 0

Recently viewed businesses

Disclaimer

The data showed regarding this advert 'Well Established Distributor Business For Sale - B07006 / 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.