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CONFIDENTIAL SALE
FOR SALE
14/09/23
599417
SEBB 10845 / Rightbiz
Well Established Dorset Conservatory and Orangery Installation Company For Sale
Turnover Profit Asking Price
On request On request £60,000
Here is an excellent opportunity to acquire a Dorset based conservatory and Orangery installation company. The company operates from an excellent showroom that is owned by the sellers, and therefore a new lease will be granted with mutually agreeable terms.
The business would suit someone with a background in the sale of double-glazing and associated trades looking to set up on their own or a larger company wanting an additional base in Dorset. The accountancy fees are considerably higher than they need to be due to the way the company is currently being operated.
The company has , in the past, been turning over in excess of £ 1Million. There are a number of reasons as to why the current turnover is as low as it is, which will be explained upon signing an NDA.
Much of the work is currently farmed out but could be sub contracted rather than handed over in its entirety further increasing profits. The turnover therefore reflects just the income from the glazing work carried out by the company.
There is a substantial customer database that is not being used or followed up to its full potential.
The reason for the sale is due to the age and health of the current owners. There will be a reasonable handover period.
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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