CONFIDENTIAL
FOR SALE
655364
We are excited to present a thriving plumbing merchant business for sale in Chiswick, London. This opportunity is particularly compelling as it comes with significant growth potential and minimal competition in the immediate area, making it an ideal choice for ambitious entrepreneurs looking to capitalise on an established brand.
The business has been successfully operating for 13 years, with the current owner having managed it for the same duration. Remarkably, there is no immediate competition nearby, which allows for a unique market advantage. Moreover, various local amenities, including cafes, grocery shops, and dry cleaners, help to attract a steady stream of customers to the area.
Upon acquisition, the new owner will benefit from an included stock and all necessary fixtures and fittings at no additional goodwill cost. This presents a seamless transition to the new management, ensuring that operations can continue without interruption. The business currently operates at a turnover of £210,000, with an annual rent set at £30,000, further enhancing its attractive profit margins and low overhead costs.
Support and Transition
While the business has not seen an increase in turnover this year, the right strategies can easily boost growth. The current owner will provide training and valuable introductions to suppliers, allowing the new proprietors to hit the ground running. There is one employee already in place, who would remain with the business during the transition period.
Key Features
This plumbers’ merchant comes with a list of impressive features that make it an appealing investment:
Ultimately, the combination of its established history, lack of local competition, and loyal customer base makes this plumbing merchant a unique opportunity for those looking to invest in a business with tremendous potential for future growth.
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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