Featured Brokers
CONFIDENTIAL SALE
FOR SALE
19/07/23
516861
154534 / Rightbiz
Priding itself on its flexible solutions, the company provides employment services to jobseekers, placing operatives within food production and hygiene product factories and warehouses.
Successful candidates work under the client’s supervision and are paid by the company, streamlining the overall process.
Multilingual application processes are offered, advancing the business’s abilities and attracting a wider pool of candidates.
Our client is now offering the company for sale to realise the assured value of the existing business, whilst facilitating growth under new ownership. Offers invited.
Key Highlights
- Works with five core clients, all of whom provide repeat business on an ongoing basis.
- Has maintained long-standing relationships, one of which spans over five years.
- Experiences a steady stream of inbound enquiries, presenting a key development opportunity.
- Operates from leasehold premises, though is fully relocatable.
- Significant scope for growth through the diversification of its services, recruitment and additional marketing activities.
Financial Highlights
- Turnover of £2.7m in YE23, with an EBITDA of £309k. A Shareholder funds have increased by 169% between YE20 and YE22.
- Has demonstrated resilience and strong recovery following the Covid-19 pandemic.
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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