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Established Electric Motor Repair Business for Sale in Cumbria, Serves Lancashire

Undisclosed, Cumbria

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    10/11/23

  • Advert ID

    602451

  • Reference

    INT2928 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £250,000
  • Turnover: £487,567 (£9,376 Per week)
  • Net Profit: £98,247 (21% Profit margin)

Business Details

Long Standing Electric Motor Repair Business for Sale in Cumbria


    Established in 1980, this longstanding electric motor repair business is available for acquisition. With a successful trading history spanning over 40 years under the current ownership, the business has become synonymous with excellence in electric motor repair services.

    Located in a strategically positioned workshop in Cumbria, the business primarily focuses on repairing motors and replacing parts, with minimal on-site work. Serving the regions of Cumbria and Lancashire, including key industrial areas such as Barrow, Kendal, and Whitehaven, the business has carefully cultivated relationships with high-profile blue-chip companies.

    The business has established itself as a reliable and reputable player in the industry. Despite the presence of a few competitors, the business maintains a local edge, ensuring a consistent flow of opportunities.

    This company presents a unique opportunity to acquire a thriving electric motor repair business with a rich history, loyal client base, and untapped growth potential.
    Read more

    Contact Agent

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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.

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    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.

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    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.

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    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.'.

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    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.

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    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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    Disclaimer

    The data showed regarding this advert 'Long Standing Electric Motor Repair Business for Sale in Cumbria - INT2928 / 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.