FOR SALE
658939
For sale is a well-established PAT testing business located in Swindon, presenting a unique opportunity for someone seeking flexibility in their work-life balance. The business allows you the freedom to work as much or as little as you desire. Currently, it serves a variety of clients, including housing associations, Houses in Multiple Occupation (HMOs), and both single and multiple property landlords. A typical day might see you conducting tests in six to eight houses over five hours, with earnings of £250 or more. Alternatively, you could complete three smaller jobs in under two hours, generating around £75. This variety ensures that every day can be tailored to your personal schedule and income goals.
Established in 2012 and currently in the ownership of the same individual for 14 years, this business boasts an impressive track record of steady growth in turnover year on year. Although some clients may discontinue their services over time, a constant influx of new customers and referrals keeps the revenue flowing. Interestingly, the local market shows little competition for the specific type of work performed, as the owner charges a competitive £25 for up to ten hand-held items typically used by tradespeople or hairdressers and £35 for more involved house or office scenarios. Given the demand, these prices could be increased by at least 20% without deterring clients.
Essential Details of the Business
The sale includes essential equipment such as a PAT testing machine, hand tools, and adaptor cables, alongside a rich database of customer contacts built up over 12 years. The business operates with a solid reputation in the industry, as reflected in its established client base and multiple long-term relationships across various sectors. Furthermore, the company benefits from existing contractual agreements, a noteworthy industry presence, and a strong trading history bolstered by exceptional customer service. Full marketing materials are included in the sale, further facilitating a smooth transition for the new owner.
Growth Potential and Opportunities
This business not only has a strong foundation but also significant potential for growth and scalability. There are opportunities to expand the services offered, tap into new markets, and increase overall revenue. The absence of employees gives the right buyer flexibility; however, the potential for growth exists should the new owner wish to hire staff. Additionally, the business maintains an active online presence. A simple search for "PAT testing in Swindon" reveals the brand’s visibility and reputation. Support for new owners is also a consideration, as the current owner is willing to provide training based on their extensive experience in the field.
Reasons for Sale
The owner is selling the business due to a genuine reason: a relocation up north where they can afford to purchase a house. This changes the dynamics of their personal and professional life, providing an exciting opportunity for someone else to step into a flourishing venture with a well-regarded name and a loyal customer base. Testimonials from satisfied clients attest to the quality and reliability of the services provided, making this an ideal acquisition for anyone looking to expand or start their own business in the field.
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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