Profitable Welding & Fabrication Business in South East Hampshire For Sale
Fareham, Hampshire
- Status
FOR SALE
- Advert ID
625232
- Reference
B08522 / Rightbiz
- Call Agent:
- Leasehold: £299,995
- Turnover: Not Applicable
- Profit: Not Applicable
Business Details
Profitable Welding & Fabrication Business For Sale
BusinessPlease quote reference B08522
CoGoGo presents Solent Welding a well-established welding and metalwork specialist, offering a range of high-quality fabrication and repair services.
This business is situated in a prime location, providing an excellent opportunity for a new owner to continue its success.
The business operates from an easily accessible premises, with a rolling lease agreement. The landlord is offering a new lease to ensure security for the incoming tenant. Annual rent is £20,000, providing a cost-effective base for operations.
Solent Welding has a long-standing reputation for delivering exceptional services, catering to various industrial and private clients. The business offers significant potential for growth and expansion within the thriving welding industry.
The premises are well-equipped, offering ample space for fabrication and repair work. External areas are secured and include space for signage to enhance visibility.
The lease is currently on a rolling agreement, with a new lease available for negotiation.
Selling Points
- Long-established business with a strong reputation.
- Flexible lease terms, with a new agreement available.
- Fully equipped premises with excellent accessibility.
- Significant potential for growth and expansion.
Location
Solent Welding & Fabrication Ltd is located at Unit 1, Shogun House, Davis Way, Fareham PO14 1JF.
Premises
The premises are well-equipped, offering ample space for fabrication and repair work. External areas are secured and include space for signage to enhance visibility.
Tenure
This opportunity is being sold on a Leasehold basis with a rolling lease in place.
The current rent is £20,000 per annum.
Hours
The current operating hours are:
Monday to Friday - 8:00 am to 4:00 pm
Saturday & Sunday - Closed
These flexible hours allow a new owner to adapt the schedule as desired.
Staff
The business currently has two owners and two fabricators. The two fabricators are happy to remain with the business if a new owner takes over. In addition, one of the owners is willing to stay on and work in the business if needed.
Financial Profile
This business generated a turnover of £359,000. Full financials can be made available upon request.
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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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