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CONFIDENTIAL SALE
FOR SALE
622394
We are pleased to present a longstanding drainage business for sale, boasting over 30 years of successful operations. Specializing in commercial work, this business maintains an excellent customer base, including schools, builders, and letting agents. Notably, all work is generated through repeat customers and recommendations, eliminating the need for additional advertising efforts.
The business demonstrates a balanced distribution of services: 40% of the operations focus on drain unblocking, another 40% is dedicated to camera inspections and investigation work, while the remaining 20% involves minor repairs. This diverse service offering provides immense potential for expansion into larger projects, offering significant growth opportunities for the prospective owner.
With a current turnover of £90,000 and a profit margin of £35,000, the business is attractively priced at £55,000. The sale includes all necessary equipment, such as a van jetter and cameras, facilitating a smooth transition. The current owner is selling due to retirement and is committed to assisting the new owner with the transition process.
Despite having only two employees, the business has maintained a robust position in the Sussex and Surrey area. Its relocatability offers flexibility for the new owner to optimize operations. This opportunity promises a swift return on investment, with a potential payback period of just one year.
Interested parties are encouraged to make inquiries and submit offers. This is a rare chance to acquire a reputable and established small business ready for growth and further success.
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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