Featured Brokers
CONFIDENTIAL SALE
FOR SALE
23/10/23
601551
154674 / Rightbiz
The company designs and manufactures high-end, unique upholstered furniture to customers’ exact specifications, including sofas, wing and accent chairs, dining chairs, and stools.
Priding itself on its exceptional workmanship and high levels of in-house expertise, the company offers a vast range of fabrics and leathers and can work to any dimensions.
Our clients are open to all types of structured deals, subject to terms.
The business is now being offered as a full or 50% share sale to facilitate growth under the impetus of new ownership.
Offers invited.
Key Highlights
- Experiences a high rate of return custom, with customers often returning years after a purchase to replace their old furniture.
- Operates predominantly on a B2C basis, serving between 500 and 600 customers per year. Customers include many high-net-worth and well-known individuals, due to the company’s exceptional reputation.
- Has developed a lucrative, long-standing wholesale relationship with a prestigious retailer that provides regular, repeat orders.
- Approaching popular high-street and blue-chip retailers to resell the company’s bespoke products could significantly expand its reach and sales.
- As the e-commerce market continues to experience consistent growth globally, introducing e-commerce sales of some of the company’s bespoke ranges could contribute to its ongoing development.
Financial Highlights
- Turnover of £1.5m with an adjusted EBITDA of £150k.
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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