CONFIDENTIAL SALE
FOR SALE
11/03/24
608059
569 / Rightbiz
This is a superb opportunity to acquire a well-established Wholesaler business based in South Yorkshire. The business is available on a relocatable basis but would ideally suit someone based in the South Yorkshire/North Lincolnshire area.
The business operates as a leading wholesaler that supply premium quality products which offer genuine value for money. They stock a large range of industrial supplies from hygiene and cleaning products, PPE, workwear, greases, and chemicals to industrial tapes, abrasives, hand tools, and welding equipment. They are committed to providing their clients with open and honest trading practices with a thoughtful approach to solutions and communications They sell their products to large, medium, and small companies across Sheffield, Doncaster, and the North Lincolnshire region.
The business presents an incredible growth opportunity for any potential buyer as they currently do not have a website or advertise on social media, so the potential to significantly increase revenue is huge! Some orders are delivered to customers direct from the supplier and some are transported by the current owner (no vehicle included in the sale). The business is currently operated from the owner’s home address, but should the new buyer choose to expand, there may be a need to acquire a storage facility.
The business was established in 2003 as a Sole Trader company then changed to a Limited company in 2013 due to growth and have built up an excellent reputation since then. They are well known in their niche sector for the quality of their products, competitive prices and excellent customer service and can boast a loyal customer base which has resulted in a significant amount of repeat and recommended business.
· Excellent reputation
· Loyal customer base
· High quality product range
· Excellent relationships with key suppliers
· Ideally suited to someone in the North Derbyshire, South Yorkshire, North Lincolnshire region
· Huge growth potential!
· Minimal overheads
· Potential to diversify in the product range.
· Can be home based
· High turnover – Circa £175,000
The current vendor is selling reluctantly, due to retirement. Due to the nature and impressive potential of the business, we strongly advise a viewing to avoid disappointment. This business represents an excellent opportunity for an entrepreneur who is looking for an established business within the wholesale sector or an existing business looking for a lucrative acquisition.
This business has experienced a substantial amount of interest at an initial stage, so to avoid disappointment, please contact us for further information.
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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