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UK Based Industrial Maintenance Parts Distributor in Midlothian for Sale

Undisclosed, Midlothian

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    23/11/23

  • Advert ID

    603014

  • Reference

    50680 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £400,000
  • Turnover: £675,246 (£12,986 Per week)
  • Net Profit: Not Applicable

Business Details

Independent Distributor of Industrial Maintenance Parts UK Based

ESTABLISHED BUSINESS SINCE 1995
They supply from stock – Pneumatics, Bearings, Castors, Hydraulics, Chain, Sprockets, V Belts, Pulleys, Gearboxes, Motors, Adhesives, Lubricants, Key Steel, Silver Steel and many other products.
Est Turnover 31/12/23 £1m
Est very healthy EBITDA of £250k
Leasehold retirement business opportunity
An Independent Distributor of Industrial Maintenance Parts through-out the UK since 1995 , a well respected established company supplying a large range of manufacturers , from stock – Pneumatics, Bearings, Castors, Hydraulics, Chain, Sprockets, V Belts, Pulleys, Gearboxes, Motors, Adhesives, Lubricants, Key Steel, Silver Steel and many other products with an estimated turnover this current year of £1m with a very healthy EBITDA of £250k . This business opportunity is only being made available due to the owners wish to retire , an opportunity not to be missed , we strongly advise an early viewing . Ref: 50680
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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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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.

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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.

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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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The data showed regarding this advert 'Independent Distributor of Industrial Maintenance Parts UK Based - 50680 / 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.