Featured Brokers
CONFIDENTIAL SALE
FOR SALE
04/04/24
609184
155738 / Rightbiz
The company provides a luxury interior design services for residential and commercial properties, creating attractive, modern spaces that maintain functionality.
Offering a turnkey approach that incorporates design and build, project management and furnishing installations, the company’s projects range in size from a single room to full-scale renovations. They also cover all interior spaces within the property, as well as patio and decking areas.
Over its time in operation, the company has established an excellent reputation amongst high-net-worth individuals, particularly within its affluent locality.
The shareholder is offering the business for sale to facilitate lifestyle changes.
Offers invited.
Key Highlights
- Benefits from high volumes of repeat and referral custom, with some client relationships spanning 12 years.
- Primarily operates in the UK, with additional international projects in Europe and the Caribbean. International business has generated £460k over the last financial year.
- Experienced second-tier management team in place.
- Offered as a fully relocatable opportunity.
- Operates in a strong market, with its affluent client base unlikely to be affected by changes in wider market conditions.
- Whilst its current projects are all residential properties, there is significant scope to attract more commercial work, with relationships in place to facilitate growth in this sector.
Financial Highlights
- YE23 turnover of £3.7m, with an EBITDA of £206k.
- Strong pipeline of future work for 2024 and 2025, which has a combined value of circa £3m, plus an hourly design charge. This has been projected based on the furnishing budgets from several clients and includes 10 houses and a leisure centre, with projects set to run until Summer 2025.
- Largest projects from the last financial year range in value from £200k to £1m.
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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