Featured Brokers
CONFIDENTIAL SALE
FOR SALE
07/02/24
606396
153459 / Rightbiz
Overview
Offering a comprehensive service offering within the security sector, the group is a well-established contractor offering security services for licensed premises, hotels, private and corporate events, construction sites, sporting events and retail outlets.
The group additionally offers an array of security training courses, and operates as an approved SIA course centre.
Specialising in mental health, the third arm of its offering is to provide assistance with the day-to-day care of patients who are prone to aggressive behaviour.
Our client is now offering the group for sale to pursue other, unrelated business interests.
Offers invited.
Key Highlights
- Works with clients in numerous sectors, such as sports, energy, entertainment, utilities, and manufacturing.
- Benefits from 60 active clients, all of whom provide ongoing streams of reliable revenue.
- Developed numerous relationships with well-known, blue-chip clients over the years.
- Experienced personnel in place, supported by a strong and efficient second-tier management team which is capable of operating and growing the businesses independently, should an acquirer prefer.
- Operates from leasehold premises, with room for expansion.
- The group is currently looking to open additional offices, enabling the companies to provide national services more effectively.
Financial Highlights
- YE23 turnover of £3.3m, with an adjusted EBITDA of £257k.
- YE24 management figures indicate a turnover of £3.1m, with an adjusted EBITDA of £304k.
- Four tenders currently outstanding which, if won, each will provide an additional £500k of revenue per annum.
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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