38-Year Old Multi-Metal Stockholding Business with Diverse Inventory for Sale, Relocatable
Relocatable
- Status
FOR SALE
- Advert ID
619919
- Asking Price: £150,000
- Turnover: £50,000 (Ā£962 per week)
- Profit: £2,000 (4% Profit margin)
Key Features
- Accounts Available
- Established Business
- Offers Invited
- Owner Financed
Business Details
Multi metal stockholding business for sale
Up for sale is a small, multi-metal stockholding business with a long-standing history and reputation, having traded for 38 years. The business operates across a number of niche markets with a diverse inventory of 6,000 items. The stock incorporates unique sizes across a wide range of both steel and non-ferrous metals. Notable items include fine bore stainless tube, aluminium foil, and spring steel strip.
Having established an online presence early on, an operational web shop has been successfully run for the past 20 years. Alongside this, a social media presence has been maintained on Facebook, keeping the business connected with its broad customer base.
One of the unique characteristics of this business is its portability, providing potential buyers with flexibility in location. Additionally, it holds the ability for further growth and development. With the right kind of marketing, there are ample opportunities to expand within its niche communities.
Current offerings include well-established premises outfitted with storage and workshop spaces, a variety of raw materials and scrap for supply, inventory, and specialized equipment. The opportunity for business expansion and optimization is significant. The operation is set up for immediate takeover, bringing with it a strong foundation upon which a strategic business model can be built.
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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.
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 Ā£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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