CONFIDENTIAL SALE
FOR SALE
27/02/24
607399
155145 / Rightbiz
Financial Highlights
YE23 turnover of over £1.1m, with an adjusted EBITDA of £284k.
Consistent gross profit margin of circa 85% over the last three years.
Pipeline of tenders set to spark growth and provide optimal investment and expansion opportunities.
Operates across markets with strong projected annual growth rates.
Overview
The company provides a comprehensive monitoring and testing service across a range of engineering and scientific disciplines for the built environment.
Its provision covers comprehensive building and materials testing, defect investigation and waterproof testing.
The business has an established history within its industry and benefits from long-lasting client relationships across the public and commercial sectors, including with many blue-chip organisations.
The company operates from freehold premises that contain UKAS-accredited laboratory facilities; the property also has scope for expansion and can be included in the sale.
The business is offered for sale to encourage growth under the impetus of new ownership.
Offers invited.
Key Highlights
Holds UKAS, Constructionline Silver and Acclaim Health and Safety
accreditations.
Benefits from an experienced and loyal workforce that is trained across multiple disciplines.
Its strong client retention rates and varied service offering allows for year-round profitability.
UK-wide client base, with a large market share across Scotland.
Handover period provided to facilitate the continuation of key industry relationships.
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
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