Featured Brokers
CONFIDENTIAL SALE
FOR SALE
10/01/23
506137
153596 / Rightbiz
The company is an industry-leading provider of fire door installation and fire stopping solutions.
Priding itself on its wealth of in-house expertise and high-quality workmanship, the company's products conform to the Regulatory Reform (Fire Safety) Order 2005.
The business is now being offered for sale to facilitate our clients' emigration plans.
Key Highlights
- Works with a range of prestigious clients that work with property owners and facility managers of apartment blocks, offices, schools, hotels, hospitals, and other buildings, experiencing a high retention rate.
- Shareholders are willing to provide a negotiable handover period.
- Fully relocatable opportunity.
- Recruiting additional, skilled staff would enable the company to undertake a larger workload.
- Introducing a range of proactive marketing activities could expand the company's client base.
Financial Highlights
Turnover of £1.7 million in YE23, with a gross profit of 52%.
Achieved an EBITDA of £809k in the same year.
YE23 increased by 2.5x YE22.
Has recently won contracts for YE24 worth £600k, which will
provide further opportunity to tender for additional, similar works
moving forwards
Awaiting a decision on first tender opportunity for large Framework
which could provide extensive works in both the Scotland and
London areas.
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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