Featured Brokers
CONFIDENTIAL SALE
FOR SALE
31/08/23
518943
154584 / Rightbiz
The company is a microengineering organisation specialising in the development and manufacture of systems, components, and electronics for a variety of industries, such as microfluidic devices or chips, micro-optical components, film processes, printed electronics, and the cross fertilisation of these key technologies.
Priding itself on its highly specialised manufacturing and designing capabilities, the company’s processes are fully scalable and it benefits from over three decades of experience in developing novel materials and processes for large electronics and chemical companies.
The business is now being offered for sale to facilitate the Director’s retirement plans.
Offers invited.
Key Highlights
- Benefits from a wealth of in-house expertise and the ability to work closely with customers to produce bespoke solutions for their exact requirements.
- Has developed a loyal international customer base across the medical diagnostics, electronics, and fluid analysis sectors.
- Highly skilled and experienced technical team in place.
- Director works part-time within the company and can provide a handover period, if required.
- Operates from leasehold purpose-fitted factory premises that include cleanrooms for product manufacturing.
- The company’s reel-to-reel capabilities have not been fully utilised to date and present the main opportunity for significant growth.
Financial Highlights
- Turnover in excess of £1.1m with an adjusted EBITDA of £250k.
- Large amount of valuable IP included in the sale.
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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