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Superb Opportunity: Wholesaler Business for Sale in South Yorkshire, with Expansion Potential

Doncaster, South Yorkshire

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    11/03/24

  • Advert ID

    608059

  • Reference

    569 / Rightbiz

  • Call Agent:

    Registered members »

  • Asking Price: £120,000 (Stock at valuation)
  • Turnover: £174,332 (£3,353 Per week)
  • Net Profit: £56,234 (33% Profit margin)

Key Features

  • Attractive Business
  • Established Business
  • Home Based
  • Retirement Sale
  • Accounts Available
  • High Turnover
  • Company for Sale

Business Details

This is a superb opportunity to acquire a well established Wholesaler business in South Yorkshire

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.

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Contact Agent

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.

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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 'This is a superb opportunity to acquire a well established Wholesaler business in South Yorkshire - 569 / 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.