Featured Brokers
CONFIDENTIAL SALE
FOR SALE
22/11/23
602974
155092 / Rightbiz
The company supplies own-brand and branded raised access flooring systems, steel pedestals, under-structures and ancillary products, which are suitable for installation within premises such as offices, computer/control rooms, data centres and retail facilities.
Supply agreements are in place with international manufacturers and numerous prestigious raised access flooring brands.
The business has secured a diverse sales network throughout the UK, which includes access floor panel contractors, fit-out firms, construction materials distributors and end users.
Our clients are now seeking an investor or partnership to facilitate the continued growth of the company and enable it to take advantage of new opportunities. Offers invited.
Key Highlights
- An e-commerce platform receives 24/7 orders.
- Managing Director willing to remain in-role post-sale to work alongside the partner and facilitate continued expansion.
- Suitable candidate within the team who could move into a Director position and absorb the exiting shareholder’s responsibilities.
- Well-positioned staff who can extend the sales territory internationally.
- Operates from freehold and leasehold premises, though could be relocated.
Financial Highlights
- Generated a YE23 turnover of £3.7m, with an adjusted EBITDA of circa £530k.
- Forecast to achieve a YE24 turnover of £4.5m, with an adjusted EBITDA of £600k.
- Approximately 70% of customers provide repeat business.
- Freehold premises can be included in the sale, holding a market value of £1.8m.
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
The data showed regarding this advert 'Supplier of raised access flooring systems - 155092 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.