Featured Brokers
CONFIDENTIAL SALE
FOR SALE
02/02/23
507640
153280 / Rightbiz
Overview
The company is a reputable M&E maintenance and installation service provider operating in Southern England, offering planned maintenance contracts, project work solutions and services including HVAC, electrical installations/testing, refrigeration and combustion — all in-house.
The business has established a highly skilled in-house workforce and an extensive network of knowledgeable subcontractors to provide a complete M&E service package.
Having overseen the company’s continued development for many years, our clients are now offering the business for sale to facilitate retirement plans.
Offers invited.
Key Highlights
Operating at the forefront of its regional market for over 35 years.
Serves a variety of clients in the commercial property market, including managing agents, building owners and consulting engineers.
Currently serving circa 40 active clients and has established long-standing relationships with over 90 organisations throughout its time in operation.
Has secured a multitude of approvals and accreditations, including ISO 9001 and ISO 14001, as well as SafeContractor and NICEIC.
Operates from leasehold premises, with options available to acquire the freehold for the site.
Well-placed to benefit from the increasing demand for commercial property management and installation services as building owners look to implement environmentally friendly solutions.
Financial Highlights
YE23 turnover over £5m with an adjusted EBITDA in excess of £161k.
Shareholder funds of circa £763k.
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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