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UK-Wide Telecommunications Solutions Provider in Bolton Manchester - £610k Turnover, £111k EBIT

Bolton, Manchester

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    31/10/22

  • Advert ID

    502857

  • Reference

    153246 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: Price on Application
  • Turnover: £550,000 (£10,577 Per week)
  • Net Profit: On request

Key Features

  • Offers Invited

Business Details

A PROVIDER OF TELECOMMUNICATIONS SOLUTIONS THROUGHOUT THE UK

YE24 three months management figures of £189k.
YE23 management turnover of circa £536k, with an EBIT of £48k. The company provides, installs and maintains industry-leading telecommunications systems to private individuals and businesses throughout the UK. Its services include VoIP systems, SIP lines, broadband and cabling. The business generates further revenue through the provision of handsets, headsets, applications and ongoing maintenance contracts. Works with businesses across the education, hospitality, automotive, legal and industrial sectors. Proficient second-tier management team, with the Directors willing to provide a suitable handover period. Operates from a leasehold office in Northern England. Primed to take advantage of the PSTN switch-off in 2025, having already implemented adaptable VoIP solutions. Our clients are offering the company for sale to facilitate retirement plans. Offers invited.

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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.

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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.

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Stay Safe

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.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.'.

Stay Safe

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.

Stay Safe

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.

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The data showed regarding this advert 'A PROVIDER OF TELECOMMUNICATIONS SOLUTIONS THROUGHOUT THE UK - 153246 / 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.