Featured Brokers
CONFIDENTIAL SALE
FOR SALE
23/10/23
601539
154723 / Rightbiz
The company holds the UK and Ireland distribution rights to retail a prominent home healthcare, wellness and fitness brand. Products include massage chairs, massage equipment and heating pads, many of which integrate innovative technologies to advance their effectiveness.
The business demonstrates the brand’s products across the UK and Ireland, exhibiting within wholesaler stores, at industry events and regional shows.
Lucrative agreements are in place with prominent B2C entities, with further sales made on a D2C basis.
Our clients are now offering the company for sale to enable them to focus on other, unrelated business endeavours. Offers invited.
Key Highlights
- Has maintained numerous long-standing relationships with B2C entities and resellers, some of which span over 15 years.
- Flexible sales representatives facilitate the delivery of product demonstrations, with scope to expand the network and attend additional shows.
- Operates from leasehold premises in close proximity to major transport links, providing easy access for distribution vehicles; however, the business could be relocated.
- Primed to benefit from increased demand for home healthcare and fitness products; further products could be added to the company’s portfolio to advance its customer appeal.
Financial Highlights
- Generated a YE23 turnover in excess of £1m and adjusted EBITDA of £174k.
- Projected to achieve a YE24 turnover of £1m.
- Has shown strong post-pandemic recovery.
- Approximately 85% of the company’s active customers provide repeat business.
- £30k asset register 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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