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UK-Based Highly Regarded Ship Chandler with Diverse Product Range and Active Clients for Sale

Undisclosed

CONFIDENTIAL

  • Turnover: £995,000 (£19,135 per week)
  • Profit: On request

Key Features

  • Offers Invited

Business Details

A highly regarded ship chandler

The company operates as a ship chandler, providing its services to ports across the UK.

Supplies a diverse range of products for oil and gas tankers  gas tankers including provisions, nautical equipment, technical stores, medical stores and more.

The business presents an ideal bolt-on acquisition for companies looking to extend their offering and client base.

Has over 30 active clients in the oil and gas sector, 90% of whom provide ongoing, reliable revenue.

Maintains strong, long-standing relationships with clients, several of which now span over 14 years.

Operates from freehold premises.

The existing management team possesses the experience required to manage day-to-day operations.

Shareholders willing to remain within the company short-term, to provide a transitional period, post-sale.

YE24 turnover of £994k with an adjusted EBITDA of £192k

Our client is offering the company for sale to pursue other, unrelated ventures.

Offers invited.

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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 'A highly regarded ship chandler - 148890 / 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.