Featured Brokers
CONFIDENTIAL SALE
FOR SALE
11/05/23
512978
153984 / Rightbiz
Overview
The business specialises in providing cost-effective solutions to bottle and glass decoration.
The company’s offering includes, but is not limited to, printing, spray coating, sleeving, decal / transferring.
Demonstrating its exceptional high standards, the company has a multitude of accreditations and is currently working towards its BRC accreditation.
Our clients are now offering the business for sale to facilitate retirement plans.
Offers invited.
Key Highlights
- Offers a bespoke, full turnkey service to glass container manufacturers, brand developers, and food and beverage producers.
- Has circa 250 active clients, 90% of whom provide the business with ongoing streams of reliable income.
- Benefits from proficient and knowledgeable personnel, including an experienced second-tier management team.
- Operates from manufacturing and warehouse premises which are owned by the shareholders and leased to the company.
- Scope for growth via diversifying beyond the sectors in which it operates and developing relationships with large-chain pubs and restaurants to provide bulk glassware solutions.
Financial Highlights
- Turnover of circa £1.4m in YE22 with an adjusted EBITDA of £166k.
- YE23 outturn figure of approximately £1.5m.
- Gross profit margins of 68%.
- 95% of income derives from national clients, with the remaining 5% generated from international sales.
- Gains new business enquiries on a daily basis, with many high-street multiples keen to work with the company.
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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