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CONFIDENTIAL
SOLD
640237
Established Independent Lighting & Electrical Wholesaler In North Wales.
An excellent opportunity has arisen to acquire a well-established and thriving electrical wholesaling business based in North Wales.
Also ad on businesses for sale to get additional information Listing ID: 3443633
After many successful years in operation, we have made the difficult decision to bring forward our retirement in order to focus on personal matters, as my wife is experiencing health issues. As such, we feel it is the right time to hand over the business to new owners who can continue to build on its strong foundations and ongoing success.
The business benefits from a wide portfolio of trusted brands and suppliers, together with a loyal and long-standing customer base. A busy trade counter ensures a steady flow of repeat business, supported by experienced and well-trained staff who have grown with the company.
The premises are leasehold and ideally located for both deliveries and customer collections. The business enjoys an excellent reputation with both supply partners and customers alike.
Our diverse customer base includes electrical contractors, local authorities, health authorities, factories, the leisure industry, hotels, retail outlets, caravan parks, small businesses, and DIY customers.
We are also proud members of a national purchasing group, providing significant advantages in purchasing power and supplier relationships.
This is a genuine opportunity to acquire a well-respected and profitable business in a sought-after region — perfect as a first venture or a valuable addition to an existing wholesale group.
Please note: We kindly ask that only genuine enquiries are made, as we wish to ensure our time and attention are focused appropriately during this personal transition.
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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