Building Plastics Supplier in Cornwall with 33 Years of Experience
Undisclosed, Cornwall
- Status
FOR SALE
- Advert ID
655450
- Reference
GO15074 / Rightbiz
- Call Agent:
- Leasehold: £120,000
- Turnover: £300,000 (£5,769 per week)
- Profit: £50,000
Business Details
Long Established Building Plastics Supplier, Cornwall
OverviewThis is a rare opportunity to acquire a long-established building plastics and trade supplies business in Cornwall, offered for sale after 33 years of continuous trading under the same owner. Operating as a stockist supplier of fascia boards, double glazing products and related building plastics, the business has built a loyal, reputation-led following in its local market.
The business generates a turnover of approximately £300,000 with a net profit of approximately £50,000, supported by two full-time members of staff. Remarkably, this has been achieved with no website and no formal marketing, with all trade won on reputation and word of mouth, leaving clear and untouched avenues for growth under new ownership.
The sale is due to the owner's retirement, and the owner is happy to hand over an extensive contact list built over three decades to support a smooth transition.
Business Highlights
- 33 years of continuous trading under one owner
- Turnover approximately £300,000
- Net profit approximately £50,000
- Loyal, reputation-led local customer base
- Two full-time members of staff
- Extensive contact list to be handed over
- Stock of approximately £56,000 available in addition at valuation
Location
The business trades from well-placed industrial premises in Cornwall, serving trade customers across its local area. Its long, unbroken trading history has made it a trusted name in its market. The precise location is disclosed on receipt of a signed NDA.
Premises & Tenure
The business occupies two adjoining industrial units providing practical storage and trading space well suited to a stockist operation, held under a long-standing occupancy arrangement. Further details of the premises and tenure are available to seriously interested buyers.
Next Steps
Opportunities of this longevity and standing rarely come to market, and early enquiries are strongly encouraged. The Information Memorandum, including the business name, precise location and further financial detail, is released on completion of a short NDA. Full details are available in the Information Memorandum.
- Growth Potential
- Loyal Customer Base
- Retirement Sale
- Scope to Expand
- Staff In Place
- Well Established
Contact Agent
Listing Statistics
Advert Statistics Graph
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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.
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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.
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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.
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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.'.
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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.
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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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Contact seller
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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