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The business in question has been established for a solid period of 14 years, during which it was owned and operated by the same owner. Hailing from the Hertfordshire area, the company presents itself as an established business with a town center location in Saint Albans, Hertfordshire. It enjoys a formidable online presence, thanks to its widespread reach and substantial digital footprint.
Regrettably, the owner's declining health condition has necessitated a sale, making it an attractive business proposition for prospective buyers. Catering to a diverse client base, the business operates as a cleaning franchise, employing a small team of two highly effective employees. Over the years, it has managed to maintain a healthy turnover, which currently stands at £73,000, generating an appreciable profit margin of £32,000.
Offering a seamless transition, the owner is willing to conduct professional training sessions for the new owner or operators. This willingness to train positions the business in a favourable light and highlights its commitment towards ensuring its ongoing success even under new management. Buyers will find the asking price, reduced to £58,000, exceptionally reasonable. Furthermore, the offer includes all the existing business stocks, creating an opportunity for the new owners to hit the ground running.
To provide prospective buyers with complete transparency, all accounts and transaction records of the business are readily available for inspection. The business primarily operates from a home-based site, further reducing operational costs and making this an even more attractive acquisition. The seller has expressed the intent to entertain all offers, making this a not-to-miss opportunity for buyers seeking to own a small yet profitable venture.
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.
Do not 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 amount 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
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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