50% Share in Door Manufacturing & Online Retail Biz in Essex
Undisclosed, Essex
- Status
FOR SALE
- Date Submitted:
06/06/23
- Advert ID
514361
- Reference
M5114E 257332 / Rightbiz
- Call Agent:
- Leasehold: £60,000
- Turnover: On request
- Net Profit: On request
Business Details
MANUFACTURE ONLINE RETAIL DOOR BUSINESS
MANUFACTURE/ONLINE RETAIL DOOR BUSINESS - ESSEX. One of the UK's leading suppliers of oak front doors and frames, manufactured in-house and offered for sale to include a fully equipped workshop, small display showroom, sign written delivery van and a highly ranked website. Our client is looking to acquire a business partner to acquire a 50% share in the business, who is able to make further investment (as will our client) to expand the range of doors and frames. Takings £250,000 - £350,000 per annum working to gross profit margins of approx. 50%. This business represents a rare and exciting opportunity for a joiner/carpenter. Further potential to acquire a shop premises to retail from which will in return feed the manufacturing outlet.
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Listing Statistics
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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.
Be safe, use a Rightbiz Solicitor
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