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Relocatable HR & Payroll Software Company in Glasgow for Sale with Expansion Potential

City of Glasgow, Glasgow

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    07/08/23

  • Advert ID

    517740

  • Asking Price: £35,000
  • Turnover: On request
  • Net Profit: On request

Key Features

  • Offers Invited
  • Town Centre location
  • Unique Business
  • Company for Sale
  • Fully Fitted
  • Accounts Available

Business Details

HR and Payroll Software Company for sale Relocatable but currently based in Glasgow

A reputable HR & Payroll Software Company is currently up for sale. The company is strategically located in Glasgow but boasts a flexible structure that allows it to be relocated. It also presents a significant scope for expansion for the prospective buyer. The business was established in February 2020 and has been under my ownership for the past year.

The selling price is at £35,000, but I am open to negotiation. The business headquarters are stationed in the prime Glasgow area where we rent top-notch offices close to amenities and a train station. However, the business can be relocated if the buyer so desires.

The selling price includes an array of fixtures and fittings essential for the smooth running of the business. This comprises office equipment, computers, desks, tables, and chairs which reflect the company's professional work environment. Additionally, all clients and customers, suppliers, and the software integral to the business, will be handed over to the new owner. 

Over the past year, the business has been on a steady growth trajectory with the turnover noting a significant increase. We have welcomed several new clients to our rapidly growing customer base. The primary reason behind the sale is owing to other ongoing business commitments.

The business operates efficiently under the diligent performance of 4 committed employees. The current operating hours are from 9 am to 5 pm from Monday through Friday. The business is staff-run, and the new owners will be given ample training to ensure a seamless transition. 

We have successfully established an impressive digital presence as well with our own website. This not only underlines the potential for business growth across different parts of the UK but also for expanding marketing efforts. The business accounts are available for your perusal. 

For more comprehensive details about the business or if you have any further queries, please feel free to contact me.

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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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