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Profitable Nationwide Timber Agent and Broker Business With High Repeat Customers For Sale

Undisclosed

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    10/07/24

  • Advert ID

    614115

  • Reference

    155600 / Rightbiz

  • Call Agent:

    Registered members »

  • Turnover: £2,400,000 (£46,154 Per week)
  • Net Profit: On request

Key Features

  • Offers Invited

Business Details

TIMBER AGENT AND BROKER – OPERATING NATIONWIDE

The sale consists of two complementary companies. One acts as a timber agent, specialising in selling large bulk cargo on a forward contract basis, with the other providing a ‘just in time’ delivery service as an importer for UK buyers.
The positions of both companies gives owners the optimum position to respond to changing needs, demands, and consumption in the timber market. The companies are ideally placed to achieve further growth due to their strong market position and lucrative blue-chip customer relationships. The group operates on an international B2B basis, sourcing timber from Scandinavian sellers and supplying UK organisations across a range of markets, such as the garden, joinery, and packing sectors. The companies are now being offered for sale to facilitate our clients’ retirement plans. Our clients are open to all types of structured offers, subject to negotiation. Offers invited. Turnover in excess of £2.5 million in YE24. Shareholder funds in excess of £1.8 million in YE23. Downturn in trading in YE23 and 24 is largely due to insufficient availability of covered storage which reduced the availability of stock for sale, alongside the downturn in the UK timber market following the Covid-19 pandemic. The companies have taken the steps to rectify this and expect stock availability to increase, subsequently boosting turnover.  Operating within a successful market, which is set to expand at a CAGR of 2.5% in 2024. Demand in the timber sector is set to increase by 78% through to 2025. Relationships with customers, including a number of blue-chip organisations, span three decades. Has received certifications from FSC and PEFC. Benefits from 80% of customers providing repeat business, and 85% of income arising from contracted revenue streams. Operates from leasehold premises. Set to benefit from the current shift towards more sustainable building materials and the progression towards net zero targets.

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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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