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CONFIDENTIAL SALE
FOR SALE
08/05/24
611001
155918 / Rightbiz
Overview
Offered for sale is an independent event management company, widely recognised for delivering international construction technology exhibitions and conferences.
As well as events in its own portfolio, the business works as a Professional Conference Organiser to manage events for trade associations and professional institutions.
Having built up a world-leading organisation in its industry, our client is now offering the company for sale to facilitate growth under the impetus of new ownership and to take a step back due to personal reasons.
Offers invited.
Key Highlights
- Operates an online multimedia platform that includes live and digital events, a monthly magazine, a website, and a television channel.
- Formed strong relationships with 25 global societies and a multitude of international contacts.
- Works with 200 active clients, 80% of which provide reliable streams of ongoing revenue.
- Primarily holds its own exhibitions and conferences in the UK, the Middle East, Europe, and Asia.
- Dedicated second-tier management team who excel at driving forward initiatives, as well as developing and maintaining all client relationships.
- Operates from leasehold office premises.
Financial Highlights
- YE23 management figures indicate a turnover in excess of £1.2m with an EBITDA of £249k.
- YE24 projections of £1.6m rising to £1.8m by YE26.
- The business’s platform currently generates up to £200k per annum.
- Currently in discussions with various manufacturers who are interested in advertising, which could create an additional £100k in revenue per annum.
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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