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Established Calibration & Repair Business in Midlands with Strategic UK-wide Reach for Sale

Undisclosed

CONFIDENTIAL SALE

  • Status

    UNDER OFFER

  • Date Submitted:

    13/12/23

  • Advert ID

    603848

  • Reference

    B07597 / Rightbiz

  • Call Agent:

    Registered members »

  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

N A

Business
Please quote reference number - B07597.

Specialists in calibrations and repairs of electrical, mechanical, gas and dimensional instruments.

First opening for business in 1990, the business was established with a vision to create a ‘total calibration service’ for its customers. Building on the idea and talent of the founding directors, the business has grown into the successful enterprise it is today.

Led by a devoted and experienced team, the company specialise in the calibration of electrical, gas, pressure, mechanical & dimensional instruments of all types and makes. They offer a comprehensive package that sets them apart from their competition.

Over the decades, they have built an outstanding reputation, benefitting from over 30 years’ experience in the industry, as well as having built strong relationships with clients across numerous market sectors and suppliers.

Based in the Midlands, the company occupies a strategic location to operate UK-wide.

The business is in an optimal position to grow in the hands of new owners. There is scope to achieve wider reach, with all the elements in place to continue and further future profitability.

 The business has several distinctive capabilities and assets to stand out from its competitors and attract the prospective purchaser, including:

 

  • A wealth of experience spanning over decades.Varied and comprehensive portfolio, with bespoke solutions offered to meet the needs of each client’s request.
  • A healthy financial profile with potential for growth, with over £1m turnover in 2023.
  • Strategic location within the UK to operate at regional and national level.
  • Excellent reputation, offering customers the best value for competitive prices.
  • Quicker turnaround than the competition.
  • ISO 9001:2015 and ISO 17025:2017.
  • UKAS accreditation for distinct areas of electrical and mechanical calibrations.
  • High standard services at competitive prices.
  • A state of the art laboratory, with the latest technology available.
  • Physical and digital assets to be used for marketing.
Highlights - 

  • Established and profit-making.
  • Specialised and comprehensive services.
  • Strategic location.
  • Potential for financial growth.
Opportunities - 

  • Enhancing reach.
  • Introducing new services.
  • Positive market conditions


Location
Based in the Midlands.



Premises
The premises are rented units.



Tenure
The business operates from Leasehold premises.



Hours
The business operates all year round.



Staff
We are advised that the business has an experienced and highly skilled team in place.



Financial Profile
Turnover IRO - £1m in 2023.

  • 100% share capital.
  • Interested parties to sign an NDA.


Read more

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THIS BUSINESS IS NOW UNDER OFFER

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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 'N A - B07597 / 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.