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Essex-based Specialist Machine Tools Manufacturer With £150K Turnover For Sale

Undisclosed, Essex

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    17/11/23

  • Advert ID

    602769

  • Reference

    165763 / Rightbiz

  • Call Agent:

    Registered members »

  • Asking Price: Price on Application
  • Turnover: £135,000 (£2,596 Per week)
  • Net Profit: On request

Key Features

  • Offers Invited
  • Company for Sale

Business Details

A MANUFACTURER OF SPECIALIST MACHINE TOOLS

Essex.
Turnover of £135,000 with an EBITDA of circa £60,000.
Manufactures machine tools used by a wide variety of markets, with five key machines available and over 50 complementary accessories.
Database of circa 2,350 clients, with circa 60% of orders distributed internationally.
Clients include those of scientific, educational and manufacturing markets, as well as the general public.
Key shareholder willing to provide a handover period.
Offered as a fully relocatable opportunity, currently operated within an area of 30 sq m.
Offered for sale to facilitate plans for retirement.
Offers invited.

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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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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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The data showed regarding this advert 'A MANUFACTURER OF SPECIALIST MACHINE TOOLS - 165763 / 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.