Featured Brokers
CONFIDENTIAL SALE
FOR SALE
25/10/23
601670
154151 / Rightbiz
Two companies offering the complete range of new, like new, and refurbished Apple branded products to customers internationally.
The companies have access to large volumes of refurbished and new stock from a number of trusted suppliers in the US and Europe, having built a strong supplier book over 10 years.
The companies are now being offered for sale to facilitate investment and growth under the impetus of new ownership.
Offers invited.
Key Highlights
- Offers a 12-month warranty on all new and refurbished products for trade and retail customers.
- Wide-ranging and diverse B2B and B2C customer base, with a high rate of retention of trade customers.
- Excellent e-commerce website that experiences high traffic with more than 22k online customer accounts.
- Strong second-tier management team in place that can undertake many daily operations with minimal oversight.
- Operates from leasehold premises.
- Focusing on growing the sales team, securing more contract work, and offering a buy back service would contribute to the companies’ ongoing expansion.
Financial Highlights
- Combined turnover of £5.6m in YE23 with an adjusted EBITDA of £580k.
- Forecast increase in turnover of 16,093% since the company providing B2B sales was added to the group in 2021.
- Forecasted turnover of £10.2m in YE24, with an adjusted EBITDA of circa £2.3m.
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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