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Profitable Bearings & Belts Provider in Fife, Scotland for Sale

Undisclosed, Fife

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    02/08/23

  • Advert ID

    517539

  • Reference

    INT2737 / Rightbiz

  • Call Agent:

    Registered members »

  • Freehold: £623,000
  • Turnover: £322,272 (£6,198 Per week)
  • Net Profit: £169,429 (53% Profit margin)

Business Details

Profitable Bearings & Belts Provider for Sale With Freehold in Scotland


    Now on the market is a profitable independent business in Scotland, offering a range of products from stock for industrial and agricultural industries – it is one of the largest stockists of bearings and belts in Scotland. The sale of this business includes the freehold of the property, presenting a truly profitable opportunity with high profit margins.

    Established over 35 years ago, the company has grown from a small business in the late 80s to a flourishing company serving hundreds of clients locally and nationally on a regular basis – customers comprise a large agricultural base, quarries, engineering, industrial and manufacturing, regional authorities, universities, NHS and the general public.

    Though the industry has had its peaks and troughs, the business has always thrived due to its long-standing and excellent customer relations which are reflected through its high rating on the Plimsoll report year after year. All customer relations are built on trust and on a high standard of excellence and service.

    They offer a large range of products for almost any application, supplying to both trade and end-user customers, these products include – ball and roller bearings, roller and agricultural drive chains, universal joints, belts, wedge belts, timing belts, pulleys, phosphor bronze, Bondloc and other lubes, greases and oil seals, pressure seals and much more.

    With an established website, social media platforms and an exceptional reputation, this business would be a fantastic investment for an individual within a similar industry.
    Read more

    Contact Agent

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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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    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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    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.

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    The data showed regarding this advert 'Profitable Bearings & Belts Provider for Sale With Freehold in Scotland - INT2737 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.