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CONFIDENTIAL SALE
FOR SALE
26/03/24
608798
155783 / Rightbiz
The company is a prominent courier service provider, with in-house storage and same-day delivery solutions.
The business also offers multiple pallet services to suit its client’s requirements, including premium, express, and economy delivery. To complement its core delivery solutions, the company has implemented dedicated road and air services to Ireland and supports international delivery. Testament to the quality of its services, the business has worked with clients across numerous market sectors, such as automotive, manufacturing, and food and beverage.Our clients are now offering the business for sale to pursue further growth under the impetus of new ownership and to aid retirement plans. Offers invited. Achieved a turnover of £10m in YE23, with an adjusted EBITDA in excess of £484k. £4.7m in turnover within the first six months of YE24.
Operates within a stable market, with industry revenue expected to increase at a CAGR of 3.7% through to 2028. Over 200 consignments are shipped internationally per week. Has worked with 400 blue-chip organisations, 89% of which provides ongoing custom on a regular basis. Benefits from high client retention rates, with 93% of sales deriving from the business’ existing client network. Assembled a comprehensive transportation fleet, worth approximately £557k. Invested in extensive marketing campaigns to promote its service offering. Operates from two leasehold premises, which include warehousing and parking.
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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