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East Midlands Specialist Surface Preparation Services Business for Sale

Undisclosed

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    19/03/24

  • Advert ID

    608420

  • Reference

    155412 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: Price on Application
  • Turnover: £1,000,000 (£19,231 Per week)
  • Net Profit: Not Applicable

Key Features

  • Offers Invited

Business Details

SPECIALIST SURFACE PREPARATION SERVICES – BASED IN THE EAST MIDLANDS

The company specialises in providing surface preparation services and support to organisations that apply coatings in a wide range of fields. The company is ideally placed for an acquirer to achieve further growth, due to its extensive, high-quality asset register. Operating on a B2B basis, the company provides services to organisations operating within the construction, surfacing, and refurbishment sectors. The business is now being offered for sale to facilitate our clients’ retirement plans. Our clients are open to all types of structured offers, subject to negotiation. Offers invited. Benefits from 199 active clients, 33% of which provide repeat business on an ongoing basis. Client relationships span up to 14 years. Operates from two leasehold premises, which comprise a workshop and a yard. Middle-management team with a combined total of 60 years of industry experience, who are all set to remain post-sale. Turnover in excess of £1 million in YE22.Increase in turnover of 22% across YE21–YE22. Operating within a sustained market which is set to increase at a CAGR of 6%through to 2029.

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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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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 'SPECIALIST SURFACE PREPARATION SERVICES – BASED IN THE EAST MIDLANDS - 155412 / 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.