Top-tier Security Gate Manufacturer with High Volume Contracts in Northern England
Undisclosed
- Status
FOR SALE
- Advert ID
621179
- Reference
M7789 / Rightbiz
- Call Agent:
- Asking Price: £399,500 (Stock at valuation)
- Turnover: On request
- Profit: £175,000 (ROI 43.8% • Payback 2.28 years)
Key Features
- Established Business
- Accounts Available
- High Turnover
Business Details
SPECIALIST SECURITY GATE MANUFACTURER: OUTSTANDING BRAND NAME: IDEAL FOR FRANCHISING
Available through Clifford Lax. Long established and a Pioneer in the industry. Specialist manufacturer, installer and provider of gates, traffic barriers and access control systems. Extensive representation in commercial agricultural and domestic locations. Based in Northern England and relocatable.
Extensive customer portfolio and with significant recurring income from high volume of service contracts. Highly profitable and capable of further growth. Currently operated from home base with workshop. Vendor will include freehold if desired of excellent 3 bedroom detached house with scope to extend. Superb location close major motorway and tremendous location close to much sought after Pennine Hills.
Ideal for a lifestyle change. Operated with staff and contractors. Very well organised and highly profitable on current turnover. Sale by Company Shares. £200,000 plus cash balance. Adjusted net profit approximately £175,000. Business Price £399,500. Freehold Price (including business, house/workshop) £950,000. CONFIDENTIAL SALE. NDA REQUIRED before release of sale details.
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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.
Be safe, use a Rightbiz Solicitor
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