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CONFIDENTIAL
FOR SALE
653333
S2033 / Rightbiz
An exciting opportunity has arisen to acquire a long-established and highly reputable vehicle engine specialist, operating from an established premises in the North West of England.
With over 30 years of trading history, the business has built an enviable reputation for specialist expertise in European and Japanese vehicle engines. Its core activities centre around complete engine remanufacturing, complemented by the supply of individual engine components and a comprehensive range of precision machine shop services.
The business has demonstrated strong and consistent growth, with turnover exceeding £700,000 at its peak, alongside a robust and profitable trading history.
Key Features
Freehold Purchase Option
A particularly attractive feature of this opportunity is the option to acquire the freehold premises alongside the business.
This provides a purchaser with the opportunity to secure both the established trading business and the underlying property, offering greater long-term security and the potential to benefit from future property value growth.
The freehold option may also appeal to an owner-operator looking to acquire a fully established specialist engineering business with its own premises, rather than taking on the uncertainty of a leasehold arrangement.
Reason for Sale
The current owner is now seeking to retire after more than three decades of successfully building and operating the business.
The opportunity therefore represents the chance for an existing operator, experienced engineer, or ambitious entrepreneur to acquire a well-established and profitable specialist business, with an excellent reputation, experienced operating base and the added option of securing the freehold property.
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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
Get Solicitor
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