Featured Brokers
CONFIDENTIAL SALE
FOR SALE
08/05/24
611006
155113 / Rightbiz
The company specialises in scalable cloud services and data backup solutions for MSPs, providing real-time protection.
The business’s solutions support a wide range of systems and applications, including operating systems such as Windows, Mac, and Linux; virtual platforms including VMware, Hypver-v and Nutanix AHV; cloud-based networks such as Amazon web services, Azure, Google, and Microsoft 365; and network attached storage drives. The company has also assembled highly secure backup solutions for Microsoft 365 applications and a reliable object storage platform, compatible with various storage applications, SDKs, and plug-ins. Our clients are now offering the business for sale to facilitate further growth under new ownership. Offers invited. Generated a turnover of £771k in YE23, with an adjusted EBITDA of £241k. Maintained a net profit margin of 71% in YE23, achieving a gross profit of £547k. Revenue is secured through monthly and annual subscription-based models, guaranteeing a steady flow of income. Operates within a buoyant market, with industry revenue anticipated to increase by 15.1% by 2028. Utilises its partnerships with industry-leading providers in data protection to offer advanced ransomware protection. Cloud backup platforms are housed in Tier 3 data centres in the UK, ensuring data sovereignty and easy access. Worked closely with 230 clients from across the UK, with 95% of sales deriving from its existing network. Received IS0 9001 and 27001 accreditation. Implemented an efficient work-from-home solution, removing the company’s reliance on office premises.
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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