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Fabricator of British-Steel Stillages and Scaffold Towers in the UK

 Undisclosed

CONFIDENTIAL

  • Leasehold: £395,000
  • Rent: £18,000 (£1,500 per month)
  • Turnover: Not Applicable
  • Profit: £169,000 (ROI 42.78% • Payback 2.34 years)

Key Features

  • Active customer base
  • Experienced management team
  • Extensive client referral network
  • Long-term operational history

Business Details

Long time Established Fabricator of 'British Steel' Stillages and Scaffold Towers

Long-time Established Fabricator of 'British-Steel' Stillages and Scaffold Towers

  

 

Location:  Yorkshire

 

 

Asking Price:  £395,000 plus Net Assets

 

 

Business highlights include:

Turnover: £910,000

Net Profit: £169,000

 

Asking Price Includes:

Turnover: £910,000

Gross Profit:  £260,000

 

Adjusted Partnership Profit: £169,000

 

 

Over 40 years Trading

Fully Equipped Commercial Workshop

Highly Skilled Workforce

5 Year Product guarantee

UK Based Manufacturer

 

 

 

Introduction:  

Turner Butler has been appointed to invite offers of purchase of the goodwill and assets of this long-established partnership.

 

 

Business Profile:  

This fully managed manufacturer of British-Steel stillages and scaffold towers has been trading for over 40 years. Benefiting from regular substantial UK wide orders from both new and repeat (long time established) customers.

 

 

Customer Service:   

The business prides itself on exemplary customer service.  This is borne out by continual repeat orders from its historical customer base.

 

 

Premises: 

A fully equipped, 2,500 sq ft industrial unit, including an office and storage.

Annual rent, £18,000.  

 

 

Key Strengths:   

This man and wife partnership has been trading for over 40 years. The skilled workforce has been historically very stable and manage the business on a day to day basis.

 

 

Financial Performance:  

The goodwill and assets in this partnership are being offered for sale on a going concern basis. All financial discussions will take place directly between the vendors and all interested parties under the auspices of Turner Butler.

 

Turnover c. £910,000

 

Gross Profit c. £260,000

 

Adjusted Partnership profit: £169,000

 

 

 Asking Price:  

The asking price of £395,000 plus the value of the net assets is for the goodwill and assets of the partnership. Assuming a net asset value of c. £50,000.

 

 

Reason for Sale:  

Retirement      

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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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