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Glassfibre manufacturing business for sale in Devon serving various industries

Undisclosed, Devon

CONFIDENTIAL

  • Status

    FOR SALE

  • Advert ID

    653953

  • Leasehold: £290,000 (Stock at valuation)
  • Rent: £8,000 (£667 per month)
  • Turnover: £245,000 (£4,712 per week)
  • Profit: On request

Business Details

Glassfibre manufacturing products

With over 48 years of experience, our business has established itself as a reliable manufacturer of glassfibre products for various sectors, including agriculture, automotive, marine, and construction. This extensive history not only highlights our expertise but also underscores our commitment to delivering high-quality products that meet the diverse needs of our clients. As we look to the future, we are seeking new ownership to continue this legacy.

Our long-standing presence in the market has contributed to a steady increase in turnover, making this an attractive opportunity for prospective buyers. The area surrounding the business is vibrant, with numerous shops, restaurants, and public services that enhance customer accessibility and are likely to draw in more clientele. Additionally, the lack of direct competition in the vicinity puts us in a unique position within the industry.

Included in the sale are essential fixtures and fittings, ensuring a seamless transition for the new owners. The current team consists of two dedicated employees who provide invaluable support and expertise. As part of the handover process, we are also committed to offering training opportunities to ensure a smooth transition for the new proprietors. This supportive approach is aimed at maintaining the high standards of service and quality that our customers have come to expect over the years.

Reasons for Selling

The primary motivation for selling the business is retirement. This decision comes after decades of hard work and dedication, and we believe it is the right time to pass the baton to someone who can carry on our passion for this industry. Our aim is to find a new owner who shares our vision and values to ensure the continued success of our glassfibre products.

Opportunities for Growth

Read more

Listing Statistics

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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.

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