CONFIDENTIAL SALE
FOR SALE
614033
A small engineering company based in Gloucester specialises in the restoration and repair of classic car and motorcycle carburettors. Established by the current owner in 2017, the company has seen consistent year-on-year profitability. It operates between 10am and 5pm daily, employing two part-time staff members. The company's current lease runs until the end of 2025, and there appear to be no obstacles for a new lease under a new owner.
The select company is renowned in the UK for its ability to repair any carburettor, and enjoys an impeccable reputation online. The proof of this lies in its over 100 five-star google reviews, and an excellent SEO presence. This company offers a real opportunity for someone who has a passion for cars and motorcycles, and has working knowledge of them. This combined interest in vehicles and the multifaceted responsibilities of running a business would equip the right person to continue the company's success.
The workshop is kitted out with a wide range of equipment needed for the job. This includes an 11 KW HPC screw compressor, a lathe, a milling machine, a shot blaster, a vapour blaster, and vibratory polishing machines. In addition, a pillar drill and an extensive array of hand and bench tools, as well as racking, benches and storage solutions. There are thousands of well-organised parts at hand.
Details of accounts and other business details can be made available on request. The firm's enduring success, an imminent lease renewal, and a solid online presence make it an attractive opportunity for the right investor.
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.
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Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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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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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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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