FOR SALE
615604
After starting and developing the business 40 years ago, it is now time to start making plans for my retirement, this is a genuine retirement sale.
Age, the family and tiredness have forced me to take a easier workload for the past years so it has come to the time to make the decision.
The business for sale is a niche manufacturer and retailer of model boat kits for radio control, static display parts and equipment and accessories for the model boat hobby plus a large range of kits for model, cars, aircraft and vehicles brought in and retailed.
Sales through our own online shop direct to the public, our Mobile shop and our exhibition van selling direct at shows spread over the country.
The business is super efficient it is mainly online from our 60 sq mt workshop and is run by one full time person ( Me ) and one part time staff ( post and packing)
We produce our own huge range of specialist kits, parts, accessories and distribute a large range of other products from worldwide, It markets and sells in the UK and overseas, as far away as Asia.
This business is currently based in East Anglia. Since establishment in 1981, this business has gone from strength to strength and has become very well respected within model hobby industry Probably with the largest range of R C model boat products in the world.
With a stellar reputation, the business has been featured in magazines and boosts brand awareness through exhibiting at trade shows three of four times a year in the UK and abroad. Very well respected in the U.S & E.E.C
Super lifestyle opportunity for business-minded enthusiast with nationwide reputation & client base & online ordering available offering superb scale model range of high quality model kit, accessories and figures from well fitted industrial workshop premises in rural commercial location. Relocatable or cn rent existing premises, negotiable.
Comes with valuable inventory of production equipment included huge scope to develop for 'hands on' operator or fantastic acquisition for expanding modelling solutions services provider also includes the fitted out van and stands.
The business has seen yearly growth, however greater investment and management are required to see an increase in sales and improved profitability utilising new production systems and methods and input to open up new sales in the E E C after the Covid crisis and to replace the number of competitors who did not survive the crisis.
A new venture started is in 3D printing for parts and accessories combined with existing product or a stand alone business.
NEW PRODUCTS IN DEVELOPMENT FOR NEXT 6 YEARS, BUSINESS EXPANDABLE TO TRADE OUTLETS SOME ALREADY ESTABLISHED
TRAINED STAFF SHORT TERM CONTRACTS. EFFICIENT PRODUCTION LINE SYSTEM FOR LOW LABOUR COSTS
RELOCATABLE / OR LEASE PRESENT WORK, OWNER ABLE TO TRAIN AND ADVISE NEW STAFF FOR SET PERIOD IF REQUIRED ALSO WISHES TO STILL DESIGN UNDER CONTRACT.
HUGE REFERENCE / PLAN LIBRARY Impressive client base.
The vendor is willing to provide a mutually agreeable handover period
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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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