Featured Brokers
CONFIDENTIAL SALE
FOR SALE
13/06/23
514790
154198 / Rightbiz
The company offers an extensive range of plant and vehicles for hire or sale, with the diversity of equipment available enabling it to dependably cater to projects of all sizes.
Having secured a dominant market share within its core operational area, the company is renowned as a leading supplier amongst clients, ensuring that it continues to benefit from a consistent, reliable stream of repeat and referral custom.
Our client is now offering the company for sale to support its continued expansion, whilst facilitating their long-term exit strategy.
Key Highlights
- The company specialises in the supply of self-drive diggers, dumpers, rollers and forklifts, with a fleet of over 100 vehicles.
- Operating on a regional basis, the company predominantly works with clients based across South West England, which typically include companies in the construction, agriculture, industrial and removals sectors.
- Maintains strong, long-standing relationships with clients, several of span over 15 years, with 90% of turnover being supplied by returning clients.
- Highly experienced team in place, capable of managing day-to-day operations with minimal oversight.
- Operates from well-connected leasehold premises in South West England, providing ample yard space to accommodate all plant and vehicles.
Financial Highlights
- The company achieved turnover of £1.1 million, with an adjusted EBITDA in excess of £565k.
- Owns a wealth of assets, including vehicles, plant and ancillary items with a collective value of £2.9 million.
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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