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Relocatable Business Offering Commercial Brokerage, Motor Finance, Car Leasing for Sale

Relocatable

CONFIDENTIAL SALE

  • Asking Price: Price on Application
  • Turnover: On request
  • Net Profit: On request

Key Features

  • Offers Invited

Business Details

Provides Commercial Brokerage, Motor Finance, and Car Leasing

Offered for sale are the assets and goodwill of a company arm that supplies and hires out hose reel irrigators and irrigation pumps to growers nationwide.

As a main importer for a large European brand, the business was one of the earliest adopters of phone app equipment management technology. Consequently, the business has transformed the efficiency of the machines it supplies and reduced labour involved in running them, giving it an edge within the market.

The sale is offered due to the owners wishing to focus on other, core areas of the parent company.

Offers invited.

Key Highlights

- Has introduced a number of new technologies that assist clients in streamlining their processes and operate machinery more precisely, effectively, and efficiently.

- Has 77 active customers within the agriculture and horticulture sector.

- Operates from premises that are shared with the parent company where a new owner could potentially rent some storage space. Alternatively, the business is relocatable.

- Having dedicated few resources and staff to growth to date, there is huge scope for further development through hiring dedicated staff to fulfil service and marketing roles.

- Developing proactive marketing strategies by introducing further online advertising and attending or exhibiting at national trade shows would facilitate rapid growth.

Financial Highlights

- Net asset value in YE23 of circa £1.1m.

- Expanding customer base, with circa 50% of sales derived from new customers each month.

- Outturn of circa £850k in revenue for YE24 for the hose reel and pump arm of the business, with an EBITDA of £64k.
 

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Listing Statistics

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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.

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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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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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The data showed regarding this advert 'Provides Commercial Brokerage, Motor Finance, and Car Leasing - 156767 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.