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London-Based Locksmith, Glazing and UPVC Repairs Company for Sale

Undisclosed, Kent

CONFIDENTIAL

  • Leasehold: £350,000
  • Turnover: £705,425 (£13,566 per week)
  • Profit: On request

Key Features

  • Company for Sale
  • Offers Invited

Business Details

A LOCKSMITH, GLAZING AND UPVC REPAIRS COMPANY

London.YE25 turnover of circa £705,000, with an adjusted EBITDA in excess of £107,000.24-hour locksmith specialising in key cutting, lock breaking and repairs for commercial clients. Also specialises in repair and replacement of UPVC, glazing and boarding. Strong potential to add pluming , carpentry and electrical services with the business having strong relationships with social housing companies. Established relationships with commercial clients. Strong second-tier management in place that will remain post-sale. Operates from leasehold premises in London; however, the sale is presented as a fully relocatable opportunity. Offered for sale to facilitate family plans.OIRO £350,000
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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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