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North East England Hygiene and Surface Wipe Specialist Business for Sale

Undisclosed

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    14/03/24

  • Advert ID

    608205

  • Reference

    155532 / Rightbiz

  • Call Agent:

    Registered members »

  • Turnover: £3,500,000 (£67,308 Per week)
  • Net Profit: On request

Key Features

  • Offers Invited

Business Details

Hygiene and Surface Wipe Specialist – Situated in North East England

Offered for sale is a group that supplies private label wet wipe manufacturing for clients, providing a highly professional service alongside premium quality and cost-effective products.

The group also markets its own brand range of patient hygiene, surface disinfection products, and eco-friendly plastic-free baby wipes, which are distributed internationally.

With a secure NHS framework in place, the group presents an excellent opportunity for a distributor, supplier, or retailer to acquire a well-known brand name across NHS hospitals as well as attaining a prestigious, blue-chip client base across a comprehensive range of sectors.  

Our clients are now offering the group for sale to pursue other, unrelated business interests.

Offers invited.

Key Highlights

- Works closely with clients to aid in formula development, material, size, and packaging type, to create a custom solution in the most effective and efficient way possible.

- Has developed strong relationships with trustworthy, reliable, and supportive manufacturing partners, the majority of which are based in China.

- Operates in key sectors such as healthcare, health, and beauty, and industrial.

- Currently works with 31 active clients, all of which provide reliable streams of ongoing revenue.

- Operates from leasehold office premises.

- Scope for growth via e-commerce expansion, and the development of its current product range.

Financial Highlights

- Consolidated YE23 turnover of circa £3.4m.

- YE24 management turnover of £3.1m.

- Currently awaiting the results of an Irish tender, which could generate an additional £150k per annum.

- The group is also awaiting the results of other tenders in Kuwait, and UAE.

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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 'Hygiene and Surface Wipe Specialist – Situated in North East England - 155532 / 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.