Featured Brokers
CONFIDENTIAL SALE
FOR SALE
08/03/23
509530
152349 / Rightbiz
YE24 outturn turnover of £7.1 million, with an adjusted EBITDA of £860k. Achieved turnover of £5.7 million in YE23, with an adjusted EBITDA of £523k. Provides a comprehensive range of commercial and domestic air conditioning and ventilation solutions, including full system design and installation. Operates nationally, predominantly working with major clients in the restaurant, retail and hospitality sector, as well as the general public.
The company is ideally positioned to take advantage of increased interest in air source heat pumps and other low carbon heating alternatives on the back of COP26 and gradual phasing out of gas boilers. Ongoing servicing and maintenance contracts supply a consistent, reliable stream of revenue of between £300k and £400k per year, whilst generating a high volume of upselling opportunities. Maintains strong, long-standing client relationships, with 85% of turnover in the last year being supplied by returning clients. Highly experienced team in place, possessing the knowledge and skills required to manage day-to-day operations on an ongoing basis. A non-shareholding Director within the company has been identified as an ideal replacement Managing Director, post-sale. Operates from 4,000 sq ft leasehold premises based in North West England. The premises are owned by the shareholders and are available on a leasehold or freehold basis.
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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