Featured Brokers
CONFIDENTIAL SALE
FOR SALE
03/05/23
512621
SEBB 109748 / Rightbiz
Freehold Price:
£705,000
Lease Asking Price:
£280,000
Sales Revenue:
£780,000
Cash Flow:
£107,000
Here is an excellent opportunity to acquire a well-established Kitchen, Bathroom , Bedroom installation and Office Supply company based in a sea side town near Colchester, Essex in the Tendring District . The company has an excellent reputation for quality and professionalism.
The company has it’s own high specification and large showroom .The company can be purchased on either a freehold or leasehold basis as the business owner also owns the property.The property has recenty been valued at £425,000 .
The company is an independent retailer with no ties to any particular company. The design and installation, from start to finish, is carried out by the company’s own contractors.
These are vetted to ensure they meet the standard of installation the company’s clients have come to expect. The company also supplies to trade and non-trade customers, but has no online shop as such.
The company has an excellent and reliable workforce.
This is a stand-alone business, but it would also make an ideal addition to an existing installation company as a bolt on.
The reason for the sale is due to retirement.
The stock will be sold at valuation and is estimated at £50,000
The basis of the sale is on a cash free/debt free basis.
Property Information
Property:
Available as freehold and leasehold
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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