Featured Brokers
CONFIDENTIAL SALE
FOR SALE
23/03/23
510507
153441 / Rightbiz
The company supplies a range of timber products, including sleepers, scaffold boards and fencing, along with fixings, turf and bulk bags of stone, bark, sand and compost. Installation services can also be provided via third-party providers.
The company caters to a nationwide customer base covering businesses from the construction, landscaping and manufacturing sectors, as well as private individuals carrying out home or garden improvements.
The shareholders are offering the company for sale as they wish to pursue alternative, unrelated interests.
Offers invited.
Key Highlights
- Long-standing relationships with renewable resources and sawmills operating under the standard sustainable timber trade practices, assuring customers of its commitment to ethical sourcing.
- Regular client base comprising commercial clients generates circa 35–40% of its monthly turnover.
- Established e-commerce website, with sales also generated by telephone and email enquiries.
- Experienced second-tier management team in place.
- Operates from leasehold premises.
- An excellent bolt-on opportunity for clients offering a similar service elsewhere in the UK, who wish to expand operations in South East England.
Financial Highlights
- Turnover of £1.7m, with an adjusted EBITDA of £198k.
- YE23 management turnover of £1.4m.
- Currently exploring opportunities with new clients that could see its turnover increase by up to £650k per annum.
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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