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CONFIDENTIAL
FOR SALE
643478
For those seeking an opportunity in a well-established industry, a reputable upholstery business is now available for sale in Peterborough, Cambridgeshire. This business has been successfully operating for 19 years, offering a wide range of upholstery services and maintaining a strong reputation in the local market. With two significant contracts currently in place, this venture presents an excellent opportunity for aspiring entrepreneurs or seasoned professionals looking to expand their portfolio.
Located in a thriving industrial site, the business benefits from proximity to various amenities, including shops and fuel stations, which attract customers. The competition in the area is minimal, allowing for a solid customer base and steady workflow. Included in the sale are all essential tools, sewing machines, workbenches, cupboards, and racking, making it easier for the new owner to hit the ground running.
Key Business Insights
The business turnover remains stable at £90,000 annually, with an annual rent of £5,424. Despite the consistent performance, the owner has decided to sell due to health reasons, providing a unique chance for a new owner to take over this established client base and continue the business's legacy.
The business also has an online presence, which further enhances its visibility and potential for growth. However, please note that no training opportunities will be provided to the new owners. For those interested in this promising venture, the asking price for the freehold and leasehold arrangements is available upon request.
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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