Profitable Tool and Engineering Stockist for Sale in West Midlands
Undisclosed, West Midlands
- Status
FOR SALE
- Date Submitted:
03/07/23
- Advert ID
515992
- Reference
Tool stockist 23 / Rightbiz
- Call Agent:
- Leasehold: £27,000
- Turnover: £258,000 (£4,962 Per week)
- Net Profit: On request
Key Features
- Fully Fitted
- New Lease
- Small Business
- Prime Location
- Established Business
- Offers Invited
- Attractive Business
- Accounts Available
- Open Plan Trading Area
- Retirement Sale
- With Car Park
Business Details
Tool and Engineering Stockist and Distributor in Halesowen , West Midlands for sale
City Business Brokers is delighted to bring to the market this superb opportunity to acquire a profitable independent, well established workshop tools & consumables business with a strong customer base across the West Midlands
Sale includes all Stock (10000k ) and Vehicle ( 9000k ) plus 38 years of Goodwill
This business has been established for over 38 years and has a superb loyal, repeat customer base.
Ideally suited to those with sales and/or motor trade experience looking for a profitable owner managed business with flexible hours.
The present owner works 5 days per week on the business, ably assisted by his wife and another part time sales assistant /driver.
Operating from a small warehouse and two fully fitted small vans the business has a regular customer run covering mainly the West Midlands , Worcestershire and parts of Shropshire .
With an annual turnover of £258 000 and a gross profit of £115 000 net this business is consistently profitable and has significant growth potential.
It is important to note the sales split is approximately 20% Tools and 80% Consumables.
With low overheads, this is an ideal business for an owner manager and could easily be run from home by anyone based in the local Area area.
Stock at cost is normally around £15,000 for each van and approx. £5000 additional stock in Warehouse)
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.
Stay Safe
Do not 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 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
Get Solicitor
