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Marine Sector Glazing Services Business for Sale, Owner Retiring, Fully Relocatable

Relocatable

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    11/06/24

  • Advert ID

    612656

  • Reference

    156097 / Rightbiz

  • Call Agent:

    Registered members »

  • Turnover: £300,000 (£5,769 Per week)
  • Net Profit: On request

Key Features

  • Offers Invited

Business Details

Glazing services for the marine sector

The company specialises in providing glazing supply and repair services for the commercial maritime sector, offering refurbishment services for corroded steel frames and specialist glass replacements manufactured to strict regulations.

The business sources its marine glass from reputable suppliers in the UK and Europe, offering various specifications including heated, fire-rated, laminated, and double-glazed units.  

Benefits from 10 large active clients, 93% of which provide reliable, repeat business.

The business has cornered a strong market share in a niche and essential service area, working with some of the largest blue-chip ferry companies.

Offered as a fully relocatable opportunity.

The business has a strong pipeline of projects in place, holding a combined value of circa £300k.

The company has multiple ongoing agreements to conduct annual dry dock surveys.

YE23 turnover of £286k with an adjusted EBITDA of £90k.

Average gross profit margin of 60% over the last three years.

Our clients are offering the business for sale to facilitate retirement plans.

Offers invited.

Read more

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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 'Glazing services for the marine sector - 156097 / 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.