Motor Component Distributor for Sale - £1m Sales, 70% eCommerce, Strong Reputation & Management Team
Undisclosed
- Status
SOLD / WITHDRAWN
- Date Submitted:
24/03/23
- Advert ID
510618
- Reference
1004SJG / Rightbiz
- Call Agent:
- Turnover: £1,000,000 (£19,231 Per week)
- Net Profit: On request
Business Details
Motor Component Distributor
Business Partnership is delighted to have been appointed as sole selling agent in order to seek a purchaser for this very well-established business, which was started by our client some 20 years ago and has only been made available for sale due to a wish to fully retire.
The reputation of the company has been built over many years by supplying the highest quality products, at competitive prices with outstanding customer service.
Strong supply chains have been developed and a loyal customer base created throughout the UK, Europe and the Rest of the World.
The company is offered for sale on a strictly confidential basis. We strongly recommend that any seriously interested party make contact with us as soon as possible by following the link below. Alternatively please call Simon Glover on 07462 374127 or email [email protected]
Long established motor component distributor
Complete e-commerce order management
Sales revenues for the last 3 years circa. £1m pa
70% of sales via e-commerce
Large client base with 20% of sales exported
Largest customer only represents 1.1% of sales
Strong reputation within the industry
Excellent management team in place
Company offered for sale due to genuine retirement
Contact Agent
Listing Statistics
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Advert pending deletion
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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