Featured Brokers
CONFIDENTIAL SALE
FOR SALE
04/01/24
604575
155102 / Rightbiz
The company is a distributor of embedded boards, systems and software for use in a diverse range of applications within the defence, aerospace and cyber security sectors.
Providing technical and commercial consultative support, the company has an extensive product range covering components that utilise a wide range of formats, IP, operating systems and board support packages, enabling it to meet the specific requirements of its customers.
The company caters to 58 customers, including several blue-chip organisations, and benefits from a high volume of repeat business, with 66% of income generated from contracts. It also holds approved supplier status for the majority of the UK’s military and aerospace operations, allowing it to generate revenue from several long-term projects.
The company is being offered for sale to facilitate the shareholders’ retirement plans.
Offers invited.
Key Highlights
- Strong relationships with several prominent manufacturers from the USA, France and Italy, holding exclusive UK representation and distribution agreements with several.
- A Stage 2 registered member of JOSCAR with Cyber Essentials and ISO 9001 accreditation.
- Well positioned to support current and future trends in the growing defence, aerospace, cyber security and high technology instrumentation markets.
- An easily scalable business with opportunities for continued growth through the development of its sales team and the exploration of new supplier relationships.
- Experienced second-tier management team in place to manage operations post-sale.
- Operates from leasehold premises.
Financial Highlights
- Turnover of £4.8m, with an adjusted EBITDA of £624k.
- Outturn of £5.3m for YE24, forecast to reach £6.5m in YE25 and £8m in YE26.
- Turnover increase of 117% between YE22 and YE24, with a further 51% increase expected by YE26.
- Confirmed pipeline in excess of £5.5m, with additional tendered opportunities potentially generating up to £4.7m.
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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