BusinessBuyers.co.uk
Reviews and Complaints

After opening the business Quartz showroom amd factory premises in April 2021 we had decided in November 2021 that it had become too much for us to handle alongside our other part of the business so we decided to sell the showroom and factory on if possible.

We instructed Business buyers.co.Uk to help us find a suitable buyer and a sales man came into our premises to discuss it on. 10th November 2021. After 30 minutes he had valued our business at £650,000 and reassured us that he could sell it on within six months. There was a fee on £5,400 to pay on the day for marketing and administration costs. We felt pressurised to sign and pay the money today by the pushy salesman which we did. The salesman produced a contract to sign with no terms and conditions attached.

There was also no witness or legal representation advised to this signing.

After two weeks and several emails and phone from us to kings corporate we finally received an advertising write up. I had take my own photos of the showroom and factory and send them to Kings corporate for the advertisement despite paying them a large marketing fee. Finally on 26th November we received the write up and the business went live for sale according to them. We did not know where it was being advertised as they wouldn’t confirm this. Finally on 7th February 2022 we received confirmation that the business was being advertised on the following websites:

https://www.daltonsbusiness.com/listing/well-

established-stone-worktop-manufacturer-for-sale-

DB1212786/

https://www.rightbiz.co.uk/buy._business/for_sale/28755

6_staffordshire.html

https://businessbuyers.co.uk/business/well-established-

stone-worktop-manufacturer-and-installer-west-

midlands/?redirect=49054

On all of these websites no images of our business are shown despite me sending them several professional photos.

After receiving no communication from them or any interested parties we decided on 8th March 2022 to reduce the business to £495,000 after calling them.

From this date we received no communication from Kings corporate and no proactive marketing or leads updates.

On 31st May 2022 the account holder changed to Tasha Perrin and we received an email confirming this.

On August 1st 2022 we received a letter asking for updated business financials and this was required by 24th August 2022 or we would incur a fee. I sent an email informing Kings corporate that the business had gone into liquidation due to running out of money and there response was an email with a £17,820 invoice attached!

They have finally decided to send me the terms and conditions at this point and are threatening to take me to court if this amount is not paid within 7 days. They didn’t inform me at the point of signing the contract that it was personally guaranteed.

I look forward to you helping me on this issue.