Established Garage Door Business in Newcastle - High Ratings, Loyal Clients, & Growth Potential
Newcastle, Fife
- Status
FOR SALE
- Date Submitted:
14/03/23
- Advert ID
509839
- Reference
2210 / Rightbiz
- Call Agent:
- Leasehold: £510,000
- Turnover: On request
- Net Profit: On request
Key Features
- Attractive Business
- Established Business
- Adjacent to Multiple Retailers
- Prime Location
- Accounts Available
- Close to Local Amenities
- Fully Fitted
- Ideal for Full Refurbishment
- Potential for Alternative Use
- Unique Business
Business Details
Garage Door Installer and Supplier in Newcastle
Summary:
- Rental Property
- Huge Potential
- Prime Location
- Unique Opportunity
- Excellent Client Base
- Highly Rated
- Established Business
- Proof of Funds Required
Business Description:
Silk Letting Ltd are delighted to welcome to the market a unique opportunity to own a hugely successful roller shutter and garage door installation business based in Newcastle.
Established in 1969 this family-run business offers a complete range of garage door services and prides itself on having many years of experience and has gained an excellent reputation resulting in many returning customers and word-of-mouth recommendations across the whole North East area
Specialising in the supply and installation of a variety of quality garage and roller shutter doors including up and over, roller and sectional garage doors. The business also offers a repair service, maintenance service and employs fully trained and experienced staff. The business has gained 5* reviews across multiple platforms and has a fully functional website and social media accounts such as Facebook and Twitter
Location and Amenities:
Situated close to the A692 and A1 this business is in a prime location with good motorway links. Parking at the front of the premises for several vehicles.
Its prime location offers the business a great advantage, situated close to a residential area and with good motorway links allowing it to increase its client base and reach more potential clients.
Growth Potential:
This is a perfect opportunity for any new buyer looking to buy a well-established business and take it to the next level.
There could also be the opportunity to expand the business to offer more services within the industry, reaching a larger target market.
Expand social media presence to include Instagram and used to showcase work and market any offers and incentives to reach a lot of new potential customers.
Financial Profile:
Tenure: Lease – Rents property only – Ongoing lease
The business benefits from a small business rates relief and is exempt from paying any business rates.
Annual turner is available upon request.
Property:
The business is situated in a spacious premises including a large workshop/factory meaning there is plenty of room for equipment and stock offering the new owner all the facilities and space needed to run the business to its full potential.
Security:
The front of the property is fitted with a roller shutter door and is fully alarmed throughout.
Fixtures and Fittings:
This business includes all stock, fixtures and fittings meaning it is fully equipped and ready for any new owner to take over.
Some of the assets included in the sale of the business are:
- Berlingo van
- Peugeot large van
- Computer system
- Garage doors
- No 3-phase cut-off saw
- Various motors and spare parts
A full list of assets is available upon request.
Staff:
The business currently operates with 3 staff members, 1 is happy to continue employment under new ownership.
This is a turn key opportunity for any new owner looking to purchase an already existing business with the potential for further growth. The business is currently open:
Monday – Friday – 8 am – 5 pm
Reason for Business Sale:
The owner is selling the business due to retirement. Creating a fantastic opportunity for any new owner to take over a well-established and fully equipped business with a fantastic reputation and take it to the next level.
Would you love to be running an already successful business and call it your own?
This is a business to get excited about and it is a rare opportunity in the market. We anticipate great interest in this amazing listing, and we don’t anticipate it being on the market for long.
This is a huge and unique business opportunity to become your own boss and carry out your passion daily.
A viewing of this business is highly recommended to appreciate its true value and the potential it has for a new owner.
VIEWING STRICTLY BY APPOINTMENT!
If you are interested please contact us to discuss any sale enquiries or arrange a viewing on 0161 507 9791.
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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.
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Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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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.
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
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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