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CONFIDENTIAL SALE
FOR SALE
30/04/24
610602
CG01-ABS / Rightbiz
Asking Price: £200,000 Including Net Assets of circa £70-£80,000
Turnover: circa £183,000
EBITDA (pre director drawings): circa £93,000
Key Selling Points:
· The Business enjoys a loyal and regular client base (75% repeat business)
· Great reputation for quality workmanship.
· Excellent word of mouth reputation.
· Very good consistent profits.
· A huge opportunity for growth.
Business Profile
Our client carries out road marking and white line marking works on a variety of sites such as council car parks, large factory sites, playgrounds, retail parks and schools.
The business enjoys a sterling reputation for quality workmanship, reliability and is known for its professional focus.
Our client has developed an excellent word-of-mouth reputation, enjoying regular repeat business with new clients constantly coming in.
75% of work is undertaken for regular customers and 25% new customers.
Location:
The business is offered as a fully relocatable business and would need a yard/container for stock, storage, and parking.
Equipment:
The business is fully equipped with a 1-year-old road marking trailer and truck, paint spray machine with trailer and all equipment and stock needed to be fully functional.
Trade Associations:
The Business is a prequalified contractor with CHAS and registered with Safe Contractor and has SSIP accreditation.
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
Get Solicitor
The data showed regarding this advert 'Specialist Contractor of Thermoplastic Line Marking South West Fully Relocatable - CG01-ABS / 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.