Ripon Based Engineering Business Specialising in Radiator Renovation for Sale
Ripon, North Yorkshire
- Status
SOLD / WITHDRAWN
- Date Submitted:
06/12/23
- Advert ID
603573
- Reference
590261 / Rightbiz
- Call Agent:
- Leasehold: £49,950
- Turnover: £171,600 (£3,300 Per week)
- Net Profit: Not Applicable
Business Details
Engineering For Sale in Ripon
SHOT BLASTING, RADIATOR RENOVATION AND POWDER COATING BUSINESS in Yorkshire for Sale.Well established cast iron radiator restoration and sales business supplying new and restored radiators and also offering a restoration only service where required. The business has been run by our client for over 20 years and has developed an impressive reputation which has resulted in many contacts with professionals including architects and developers throughout the country but particularly in London. Weekly turnover £3,300. Our client doesn’t currently offer sales online and this offers huge scope for a new owner to substantially increase sales. Also included in the sale is a complete alloy wheel refurbishment system comprising of the following. Wheel straightening lathe, AC/DC water cooled TIG welding plant, tyre changing and balancing equipment. All purchased new within the last five years. The mezzanine floor also belongs to the company.
Additionally the business also offers a shot blasting and powder coating service. Easily run by our client with the assistance of one member of staff however the current unit has sufficient space to increase production. Retirement sale. This is a profitable business which has provided our client with a super living for many years and which offers huge scope for more. The premises are held on lease and briefly offer spacious workshop and fabrication facilities with pressure testing area, powder coating booth and oven. Storage areas, offices and ancillary areas.
Stock at Valuation (in addition to the asking price). EPC Exempt.
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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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