Featured Brokers
CONFIDENTIAL SALE
FOR SALE
22/02/23
508798
153611 / Rightbiz
The company offers the hire of a wide range of high-quality, modern plant, access, and tools regionally.
Priding itself on its outstanding customer service and large, loyal client base, the company also provides training for IPAF courses through an external provider from its purpose-built facilities.
The company is now being offered for sale to facilitate retirement plans.
Offers invited.
Key Highlights
- Operating for over six decades.
- Operates on a B2B basis, experiencing a high rate of return custom.
- Clients are derived from the manufacturing, construction, maintenance, arboriculture, agriculture, equestrian, defence, security, and local government sectors, amongst others.
- Many client relationships span over three decades.
- Strong, knowledgeable team in place that can undertake many daily responsibilities with minimal oversight.
- Operates from freehold premises that are included in the sale and based in the West Midlands.
- Expanding the company’s hire product portfolio and hiring additional, skilled staff would enable it to undertake a larger workload.
- Introducing a range of proactive marketing activities would attract further clients.
Financial Highlights
- Turnover of £561k in YE23, with an adjusted EBITDA of £248k.
- Holds premises with a market value of approximately £300k.
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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