Esteemed Alloy Wheel Refurbishment Business in South Lanarkshire for Sale
Larkhall, South Lanarkshire
- Status
FOR SALE
- Advert ID
613843
- Reference
INT3151 / Rightbiz
- Call Agent:
- Leasehold: £200,000
- Turnover: £154,709 (£2,975 per week)
- Profit: £48,343 (32% Profit margin)
Business Details
Alloy Wheel Refurbishment Business Which Includes £140,000 Worth Of Specialised Equipment
Established in 2021, this alloy wheel refurbishment business has quickly earned a reputation for excellence, catering to a diverse clientele including private individuals and motor-related businesses.
Specialising in comprehensive refurbishment solutions for various alloy wheel types, the business has carved out a niche in the local automotive market, successfully serving both B2C and B2B clients.
Initially founded by the current owner and a business partner, the owner later acquired full ownership and is now looking to sell the business as he and his wife aim to pursue new ventures.
Positioned for significant growth with the right strategic initiatives, this business represents a lucrative opportunity for buyers interested in entering a profitable and well-established market.
The asking price includes includes 159,000 assets.
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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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