CONFIDENTIAL
FOR SALE
651442
GB215 / Rightbiz
Long time established Domestic and Commercial Carpet and Flooring Retailer
Location: Plymouth
Asking Price: £175,000
Business Highlights
Turnover: £522,000
Net Profit: £70,000
Asking Price Includes:
Over 17 years trading history.
2,000 sq. ft. luxuriously fitted unit.
Very popular business park location.
Multiple long term blue-chip supplier relationships.
Substantial range of flooring products.
Superb fully optimised website.
Stock and vehicles, approximate value £30,000.
Introduction:
Turner Butler has been appointed to invite offers of purchase of the issued share
capital of this highly reputable commercial and domestic carpet and flooring retailer.
Operating for over 17 years, the business trades from a substantial, superbly fitted
extensive retail unit.
Business Profile:
Customer Service:
The company prides itself on exemplary customer service. This is borne out by continual long-term repeat business.
Key Strengths:
The sale of the business represents an exceptional opportunity to acquire a very well-established, profitable and respected business. The company demonstrates consistent year on year turnover.
The Opportunity:
The goodwill in the business is 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.
Asking Price:
The asking price of £175,000 is for 100% of the issued share capital of the company. Calculated on a zero cash-zero debt basis at completion.
Reason for Sale:
Retirement
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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