Featured Brokers
CONFIDENTIAL SALE
FOR SALE
29/04/24
610527
155611 / Rightbiz
Based in South East England, the company provides event production services and equipment for hire along with technical services for UK and European events, including AV and IT accessories, sets, staging, cameras, audio, lighting, and video display and processing.
Priding itself on its large inventory of the most up-to-date AV technology, the company sub hires AV equipment, primarily with technical services, and benefits from a wide-ranging and diverse international customer base.
The company is now being offered for sale to facilitate growth under the impetus of new ownership.
Offers invited.
Key Highlights
- Provides event production services and equipment hire for corporate live events, product launches, press conferences and town hall meetings in purpose-built venues, prestige hotels and historic buildings in the UK and Europe.
- Serves customers within the financial services, pharmaceutical, AV production, IT, and facilities management sectors.
- Longest customer relationships spanning more than two decades.
- Pursuing additional lucrative corporate customer relationships around the UK and abroad would provide the company with significant ongoing development opportunities.
- Could also offer installations and support services at corporate offices, theatres, and public venues to expand its customer base.
- Operates from leasehold premises.
Financial Highlights
- Turnover of £4.1m in FY23 with an adjusted EBITDA of £2m.
- Forecast turnover of £3.7m for FY25 with an adjusted EBITDA of £1.6m.
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
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