Established Supplies Business With Major Veterinary Contract, Hampshire
Undisclosed, Hampshire
- Status
FOR SALE
- Advert ID
660298
- Reference
GO27803 / Rightbiz
- Call Agent:
- Leasehold: £295,000
- Turnover: £250,000 (£4,808 per week)
- Profit: £15,000 (ROI 5.08% • Payback 19.67 years)
Business Details
Established Supplies Business With Major Veterinary Contract, Hampshire
OverviewThis is an opportunity to acquire an established supplies business based in Hampshire. Founded in 2018 as a sole trader operation and incorporated as a limited company in 2022, the business trades in the trade market and now generates a turnover of approximately £250,000 with a gross margin of around 55 per cent.
The business holds a genuinely distinctive anchor contract with the largest veterinary practice in the country and in Europe, with international medical supplies forming part of its activity. It is supported by a lean team of three self-employed staff covering IT and marketing, accounts and packing, keeping the operation efficient and allowing the owner to delegate day-to-day tasks. It would suit an owner-operator, a trade buyer or an investor seeking a staff-supported small business with established foundations and clear scope for growth.
Business Highlights
- Turnover of approximately £250,000
- Gross margin of approximately 55 per cent
- Anchor contract with the largest veterinary practice in the country and in Europe
- International medical supplies form part of the trade
- Established since 2018, incorporated in 2022
- Lean self-employed team covering IT and marketing, accounts and packing
- Stock of approximately £35,000 available in addition at valuation
Location
The business is based in Hampshire. As a trade-focused operation supplying customers domestically and internationally, it is not reliant on passing footfall, and its base serves as a practical hub for stock holding, packing and dispatch. The precise location is disclosed on receipt of a signed NDA.
Premises & Tenure
The business operates from a unit within an established business centre, providing a professional and practical base for its operations. The premises are held on a leasehold basis, with full details available in the Information Memorandum.
Next Steps
This is a well-structured business with a distinctive anchor contract, a solid trading history and a delegated team already in place. The Information Memorandum, including the business name, precise location and full financial details, is released on completion of a short NDA. Early enquiries are encouraged. Full details are available in the Information Memorandum.
- Growth Potential
- Repeat Business
- Scope to Expand
- Staff In Place
- Well Established
Contact Agent
Listing Statistics
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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.
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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.
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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.
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
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
Get Solicitor
