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Grout sock manufacturer in Shropshire seeking buyer for retirement after years of operation

Undisclosed, Shropshire

CONFIDENTIAL

  • Turnover: £78,565 (£1,511 per week)
  • Profit: On request

Business Details

GROUT SOCK MANUFACTURER

OPERATING INTERNATIONALLY£79,000 YE25 TURNOVERThe company manufactures tubular grout socks designed to cover large rock anchors.The business produces single-layer and double-layer grout socks for civil engineering, tunnelling and ground stabilisation customers.Our clients are offering the company for sale to facilitate retirement plans.Achieved and sustained strong production volume and revenue on a part-time operating model.Established a robust prominence within a specialist manufacturing niche, resulting in high customer retention rates and recurring revenue. Commissioned third-party laboratory testing and validation from leading institutions, including Nottingham Trent University.Managed entirely by the directors.Leases a manufacturing and storage facility in Shropshire. Offers invited.
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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.

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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.

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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.

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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.'.

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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.

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