FOR SALE
645997
B09408 / Rightbiz
CoGoGo presents to the market a profitable and well-established sofa repair business, operating across Blackpool and the wider North West, including Cheshire, Greater Manchester, Bolton, Preston and Merseyside.
Specialising in on-site sofa repairs and refurbishments, the business serves both private domestic customers and corporate clients who provide regular, repeat work. The majority of jobs are completed in customers’ homes, with payments taken immediately by cash or card, supporting strong cash flow.
Trading in a niche sector with limited competition, the business enjoys consistent demand and benefits from an established website generating regular enquiries, supported by word-of-mouth referrals. With 80% gross profit margins reported and scope to introduce an additional technician, there is clear potential for further growth. The sale includes a 2018 Vauxhall Vivaro, all tools, equipment and materials, plus comprehensive training for a smooth transition.
Location
Based in Blackpool, the business operates as a mobile service covering the wider North West region. Its broad geographic reach provides access to a substantial residential and commercial customer base.
Premises
This is a business-only sale with no fixed premises required. Operations are run remotely and on-site at customer locations. The sale includes a fully equipped 2018 Vauxhall Vivaro and all specialist tools and materials required to operate immediately.
Tenure
Business-only sale. No leasehold or freehold property is included.
Hours
Hours are owner-set and flexible, structured around booked appointments and customer demand.
Staff
The business is supported by one full-time technician who undertakes the majority of repair work. There is strong potential to recruit an additional technician to increase capacity.
Financial Profile
We are advised that the business generates a turnover of £117,000 with a reported net profit of approximately £30,000 and gross profit margins of 80%. Full financial information can be made available to genuinely interested parties.
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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