Thriving Light Engineering Company in West Midlands with 35 Years of Success
Undisclosed, West Midlands
- Status
FOR SALE
- Advert ID
629109
- Reference
Light Engineering Business april25 / Rightbiz
- Call Agent:
- Leasehold: Price on Application
- Turnover: Not Applicable
- Net Profit: £90,000
Key Features
- Prime Location
- Fully Fitted
- Established Business
- Offers Invited
- Accounts Available
- With Car Park
Business Details
Light Engineering Company in the West Midlands
City Business Brokers welcomes to the market an exciting opportunity to acquire (on a leasehold basis) an exceptionally well run and thriving light engineering and manufacturing business which is a market leader in its core product line
The Business has been under the careful and meticulous ownership of our clients for the last 35 years, building up an enviable reputation not just locally but within the industry in general, a true testament to the hard work and dedication from the current owners, resulting in the high calibre of business on offer. The business is now being offered for sale due to our clients wishing to leave the industry after many successful years of trading as they look to retire soon.
The company was established in 1990 and is now run by the next generation of the same family. The company has diversified and grown and now specialises in the manufacture of market leading products for the commercial and domestic market
The business prides itself on offering the highest standard of service to all its customers and this is reflected in the number of returning buyers, many of whom have been using the business for years.
We feel there is scope to increase turnover with the undertaking of a robust marketing campaign via local press, social media, along with the introduction and further promotion of the dedicated website where customers can either click and collect or order for delivery, along with the introduction of some further products.
This is a highly desirable business with an excellent business model in place and would be a very attractive proposition for either an individual or partnership looking for their first business in this sector which is already established, or for an experienced operator looking for an additional business with an attractive income stream.
A tremendous opportunity to own this well-established and popular business, with the current owners happy to offer a hand over period. Early enquiries are highly recommended to avoid disappointment.
The business is in a prime trading location and benefits from being surrounded by a host of complementary businesses.
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Listing Statistics
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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.'.
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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.
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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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Contact seller
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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