Profitable, Established Welsh Engineering Superstore with Diverse Product Range for Sale
Undisclosed
- Status
FOR SALE
- Advert ID
617057
- Reference
Project Bank / Rightbiz
- Call Agent:
- Turnover: £2,200,000 (£42,308 Per week)
- Net Profit: On request
Key Features
- Established Business
- Retirement Sale
Business Details
Engineering Superstore Based In Wales For Sale
“Project Bank” is a leading engineering superstore based in Wales, specialising in the sale and distribution of tools, maintenance supplies, and bottled gas. The company serves both professional and retail customers, earning a strong reputation for reliable service and quality products.
A broad product range, including hand and power tools, hardware, engineering supplies such as generators, fixings and fasteners, bottled gas, PPE, safety equipment and more.
Strong reputation: facilitated organic growth and ensuring customer loyalty, with some client relationships spanning decades.
Key Investment Highlights
· Diverse product portfolio, offering items that are difficult to find elsewhere
· Well-established, founded in the 1950s
· Increase in profitability over the period FY21-23 with M.EBITDA demonstrating a 5.9% increase
· High-level of in-house expertise with excellent staff retention
· Robust balance sheet, with a lack of long-term debt
· Managing director flexible to remain post-sale
· Strategic partnership with suppliers ensuring reliability in operations
Contact Agent
Listing Statistics
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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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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.'.
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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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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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Contact seller
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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