International supplier of steam and water sampling systems in West Yorkshire
Undisclosed, West Yorkshire
- Status
FOR SALE
- Advert ID
647037
- Reference
1014WY / Rightbiz
- Call Agent:
- Leasehold: £500,000
- Turnover: £905,000 (£17,404 per week)
- Profit: Not Applicable
Business Details
Internationally recognised supplier of steam and water sampling and analysis systems.(SWAS)
Significant niche company based in Yorkshire but servicing clients throughout the UK and internationally.
Established in 1932 with a current management buyout in 2003. The business provides turnkey SWAS solutions, together with emissions monitoring systems and specialist fabrications. Supplying international customers operating across power process, refinery and defence industries. It has consistently grown achieving 90% repeat revenue. Many are blue chip and leading industry names with key relationships over 30 years.
The strength and stability of the business is down to the robust financial structure, quality of products, self sufficiency of manufacture and quality of workforce. The company has great potential to expand further with improved marketing, together with increased investment into green energy equipment and addition staff to expand the service offering.
This as an expanding company and achieves a 35-45% gross margin.
- Established 90 years
- Quality product range and strong industry reputation
- Significant growth potential
- Excellent handover with extended transition period
- Accreditations include ISO9001. MCERTS, Achilles UVBD, Cyber Essentials.
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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.
Be safe, use a Rightbiz Solicitor
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