Featured Brokers
CONFIDENTIAL SALE
FOR SALE
26/04/23
512274
409 / Rightbiz
This is a superb opportunity to acquire a well-established, garage door retailer/installer based in North Shields, Tyne & Wear, the business is available on a freehold basis.
The business operates as a leading garage door company, serving domestic clients across the whole of the Northeast area. They offer their clients a full fitting service and offer a full 10-year guarantee on most doors! They provide expert advice and full installation service for a comprehensive range of up-and-over, sectional, roller, and traditional side hinged garage doors. They handle each aspect of the process, from initial design to the installation of their high-quality garage doors.
The business has been established since 1989 and has experienced substantial growth on an annual basis since then. They have built up an excellent reputation across the whole of the Northeast and are considered a household name in their industry. They can also boast a loyal customer base which has resulted in a vast amount of repeat business which has led to impressive financial figures over a sustained period.
The business is set on a main road of a very popular industrial estate with large national companies such as Screwfix and Howdens. The premises has been renovated to an exceptionally high standard as the current owner has skilfully combined the character features of the property with modern fixtures and fittings.
· Business established since 1989
· Excellent Reputation
· Minimal competition in the area
· Excellent Reviews
· High Quality Premises
· Excellent Location
· Loyal Customer base
· Excellent relationships with suppliers
· Substantial Growth on an annual basis since they began trading
· High Turnover - £212,689
· The business is positioned for further growth and success
It is with a heavy heart that the current vendor is selling due to a retirement. Due to the nature and impressive financial performance of the business, we strongly advise a viewing to avoid disappointment. This business represents an excellent opportunity for an entrepreneur looking for an established business within the garage door sector or an existing business looking for a lucrative acquisition.
We have received many enquiries on this business at an initial stage so please contact us to arrange a meeting to avoid disappointment.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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
Get Solicitor
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