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Profitable Reclaimed Timber Business in Essex with 13K Sq Ft Workshop and Nationwide Clientele

Undisclosed, Essex

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    30/03/23

  • Advert ID

    510923

  • Reference

    50117 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £395,000
  • Turnover: £688,496 (£13,240 Per week)
  • Net Profit: £192,317 (28% Profit margin)

Business Details

Well established, highly respected and extremely profitable reclaimed timber company

Well established and highly respected reclaimed timber company
Income to year end 31.08.22 c. £546,000 with adjusted profits in excess of £175,000 for the same period
Owner run along with a team of skilled craftsman
Retirement sale
Genuine growth potential for any new owner
Well established, highly respected and highly profitable reclaimed timber company. Approx. 13,000 sq ft workshop situated in South Essex. Nationwide database of commercial and residential clients. Owner run and managed along with a team of skilled craftsman. Established in 2012 by the current owner. Majority of new work via word of mouth. Excellent reputation within the industry for quality and reliability. Retirement sale. Leasehold ref: 50117 Ref: 50117
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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 'Well established, highly respected and extremely profitable reclaimed timber company - 50117 / 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.