Equipment Manufacturer for Catering & Installation with £1.4m Turnover For Sale
Relocatable
- Status
FOR SALE
- Date Submitted:
27/06/23
- Advert ID
515732
- Leasehold: Price on Application
- Turnover: £1,000,000 (£19,231 Per week)
- Net Profit: £200,000 (20% Profit margin)
Key Features
- With Car Park
- Accounts Available
- Company for Sale
- Offers Invited
- Unique Business
- Small Business
Business Details
Equipment Manufacturer for Catering & Installation
Commercial kitchen company
Specialising in
* Commercial Kitchen Design
* Stainless steel fabrication
* Commercial Kitchen Installation
*Canopies/Ductwork/Ventilation
Full mature fabrication facilities featuring:
* CNC Punch
* CNC Laser
* CNC Pressbrake
* Guillotine
* Welding & Polishing equipment
* 5 vans (2 with hp)
* Time Served Engineers/Welders
Business could further grow with stronger sales team (we only attend less than 30% of enquiries). Would benefit from long term focus on contractual customers and or sale of appliances. (New salesman currently going through training)
80% of business is built on new business through internal auto-pilot marketting program
All products manufactured in house and installed by very skilled team
Providers of turn key solution for commercial kitchens. Specialising in new, refurbishments and general commercial kitchen enquiries.
For sale due to opportunities with other family business and a lack of passion with the industry.
Strong team with great levels of skill and confidence.
Current turnover to exceed £1.4m. Again could easily double with attending more enquiries
Website
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.
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