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Fire Safety and Security Specialist in Tyne and Wear with over 950 clients available for sale

Undisclosed, Tyne and Wear

CONFIDENTIAL

  • Turnover: £716,000 (£13,769 per week)
  • Profit: Not Applicable

Business Details

FIRE SAFETY AND SECURITY SPECIALIST

LOCATED IN TYNE AND WEAR£716,000 YE25 TURNOVERThe company supplies, installs, and maintains a range of fire safety and security equipment.The business also provides fire extinguisher servicing, fire safety training, and equipment inspections. Our client is now offering the company for sale due to personal reasons.950 clients, comprising private individuals and organisations in diverse sectors, including marine, construction, defence, and the public sector.Generates strong recurring revenue from ongoing contracts and high client retention rates, with several relationships spanning two decades.Long-standing reputation within the industry, having been established circa five decades ago.Projected pipeline of three contracts, collectively valued at £45,000£65,000.Operates from shareholder-owned premises, which are utilised as a workshop, warehouse, and office.The property is valued at approximately £250,000 and can be included in the sale. 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.

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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The data showed regarding this advert 'FIRE SAFETY AND SECURITY SPECIALIST - 171839 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.