Specialist Lifting & Materials Handling Company for Sale - Upgrade Your Engineering Operations!
Undisclosed
- Status
FOR SALE
- Date Submitted:
08/04/24
- Advert ID
609414
- Reference
1508dPD / Rightbiz
- Call Agent:
- Turnover: Not Applicable
- Net Profit: Not Applicable
Business Details
Specialist Lifting and Materials Handling Company
This company specialises in a broad range of products aimed at lifting, material handling and health and safety. Products are fabricated in house or bought in or re-sold. Alongside these product sales is regulatory driven, after-market testing and inspection service.The business owns a substantial freehold factory with a significant fixed asset base.
This is a turnaround opportunity, a chance to modernise a company with a long history and build a prosperous future.
Team:
The current shareholders wish to retire and are supported by some key people who will stay. However please note that the management team will need some refreshing.
Opportunity:
This business presents an opportunity for an existing engineering business to acquire large, freehold premises and amalgamate operations.
Alternatively, it provides a north west base for a company with operations elsewhere in the UK, perhaps with a slightly different but complimentary product set.
Finally, it would make an excellent investment opportunity for a consortium who can bring necessary management skills to the table to drive the business forward.
Asking:
Offers sought for 100% of the share capital
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Listing Statistics
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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.
Be safe, use a Rightbiz Solicitor
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