Thriving Family-Run Plumbing and Heating Supply Business in West Sussex with Growth Potential
Undisclosed, West Sussex
- Status
FOR SALE
- Advert ID
631987
- Reference
MI232316 / Rightbiz
- Call Agent:
- Leasehold: £190,000 (Stock at valuation)
- Rent: £28,557 (£2,380 per month)
- Turnover: On request
- Profit: On request
Key Features
- Established Business
- Accounts Available
Business Details
LONG ESTABLISHED BUSINESS PROVIDING PLUMBING & HEATING MATERIALS & FIXTURES BASED IN SUSSEX
A Long-Established Independent Business Provides Quality Plumbing And Heating Materials And Fixtures To Traders And Individual Customers
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This long-established independent, family-run business, founded in 1988, provides quality plumbing and heating materials and fixtures to traders and individual customers throughout the Sussex and Surrey.
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The company offers a range of plumbing materials including Pumps (heating and shower), Controls (Honeywell, Invensy and Drayton), Sundries (PTFE, solder, flux and washers), Cylinders (copper and stainless) and Bathroom supplies and accessories.
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We understand that the renewable lease for the premises continues until 2033 with a break clause in 2028. The current annual rent is £28,557 vat and the business rates, after small business relief, are currently £11,352pa.
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This is an excellent opportunity to acquire a long-established business providing quality plumbing and heating materials and fixtures to traders and individual customers throughout the Sussex and Surrey, with scope for further growth.
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As this is a Confidential Sale, viewings are strictly by appointment which will enable a potential buyer to see the premises and discuss the business in greater detail.
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Offers in the region of £190,000 stock at valuation for the Lease, Business Goodwill, Vehicle, Equipment, Fixtures & Fittings, Customer Database and Website
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VIEWING - Appointments to view this business must be made through Management Inspirations Limited by contacting this office. Under no circumstances approach the vendor(s), or their staff directly. Contact Management Inspirations Limited for Full Details.
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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.
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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.
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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.
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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.'.
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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.
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
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
Get Solicitor
