Niche distribution and online retailer in Devon specializing in fasteners available for sale
Undisclosed, Devon
- Status
FOR SALE
- Advert ID
653167
- Reference
M37024N / Rightbiz
- Call Agent:
- Asking Price: £45,000
- Turnover: £91,132 (£1,753 per week)
- Profit: £50,229 (56% Profit margin)
Business Details
NICHE DISTRIBUTION & ONLINE RETAILER
Niche DISTRIBUTION and ONLINE RETAIL BUSINESS, supplying quality FASTENINGS, typically into the Manufacturing, Medical, Defence, and Telecommunications sectors, together with the general DIY marketplace and the public. An ISO 9001:2015 certified business which proves beneficial and valuable, offering a huge range of stainless steel non-corrosive fasteners, includes general screws, machine and socket screws, nuts, bolts, washers, pins, clips, and much more.
Currently based DEVON, not particularly location dependent, could be operated from anywhere within the UK, albeit potential benefits from being Midlands/Southern based. Currently HOME BASED and offered for RE-LOCATION, only requires storage premises roughly the size of a double garage and an office facility, comprehensive inventory of storage equipment included in the sale, could be amalgamated with other distribution/online retail business, all orders simply picked and shipped.
An established business, acquired by the current owners some 20 years ago, holds a long-standing valuable client base from which repeat orders are received, boosted by full e-commerce website. Easily manageable, operated on lifestyle basis, only requires 1 person, working easy flexible part time hours, equates to approx. 2½ days each week, all orders via email and website, very little telephone contact, majority of orders dropped at Post Office or collected by Courier.
A solid and reliable profitable business commanding excellent reputation, consistent levels of sales and profitability, Sales 2025 £91,132 ex Vat, Gross Profit £50,229, despite lifestyle basis/low hours which business is currently operated. Offers considerable further opportunities through proactive marketing/advertising to include SEO work and social media, which is not currently undertaken, scope to enter additional markets such as the construction and marine sectors.
Price £45,000 sav, Ref: M/WD37024N
VIEWING STRICTLY BY PRIOR APPOINTMENT THROUGH THE SELLING AGENTS EVERETT MASSON AND FURBY 01404 813762.
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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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