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Opportunity to Acquire Nottinghamshire Engineering Business, Relocatable and Ready for Growth

Sutton in Ashfield, Nottinghamshire
This is a superb opportunity to acquire an established engineering business based in Nottinghamshire Photo 1
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This is a superb opportunity to acquire an established engineering business based in Nottinghamshire
  • Status

    FOR SALE

  • Date Submitted:

    19/05/23

  • Advert ID

    513513

  • Reference

    423 / Rightbiz

  • Call Agent:

    Registered members »

  • Asking Price: £90,000
  • Turnover: £145,846 (£2,805 Per week)
  • Net Profit: On request

Key Features

  • Retirement Sale
  • Company for Sale
  • Home Based
  • High Turnover
  • Unique Business
  • Established Business
  • Attractive Business

Business Details

This is a superb opportunity to acquire an established engineering business based in Nottinghamshire

***HUGE PRICE REDUCTION***

This is a superb opportunity to acquire an established engineering specialist business based in Sutton-in-Ashfield, Nottinghamshire. The business is available on a relocatable basis.

The business has been established since 2003 and has experienced substantial growth on annual basis since then. The business tests and monitors “health check” machinery for large organisations to predict when or if they are likely to breakdown and assist in their maintenance programme to ensure their machinery is performing to its full capacity. These breakdowns, and interruptions to production could cost the businesses a significant amount of money so regular monitoring of the machinery is vital. They conduct monthly visits to their clients’ premises to undertake these tests and report back to them.

The business has an excellent reputation within their industry for competitive pricing, quality, and reliability of service, which has resulted in a vast amount of repeat custom over a sustained period of time.  Such is the reputation, the business has become a household name in their industry, and this has allowed the company to build a loyal customer base, of commercial clients.

·       Business in operation since 2003

·       Substantial growth since establishment

·       Excellent reputation in area and Industry

·       New business already coming in

·       Loyal Customer base who use the business regularly

·       Vast amount of Repeat Business

·       Minimal Competition

·       Minimal Overheads

·       High turnover - £145,846

·       Huge potential for further growth

·       Can be home-based.

It is with a heavy heart that the current owner is selling the business due to ill health and retirement. Due to the impressive financial figures of the business and their excellent reputation, this represents a superb opportunity for an entrepreneur with an engineering background or a larger organisation 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.

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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.

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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.

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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 'This is a superb opportunity to acquire an established engineering business based in Nottinghamshire - 423 / 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.