Featured Brokers
CONFIDENTIAL SALE
FOR SALE
17/04/24
609951
154963 / Rightbiz
Based in South East England
The company provides clients with complete turnkey installation projects, including the design and manufacturing of automated gates and associated products.
Maintenance and repair breakdown services are also offered by the company for all of its provided products. The company has secured approximately 550 service contracts, bringing in an annual renewal value of circa £160k, including additional repair and breakdown works. The company operates from leasehold premises. Our clients are now offering the business for sale to facilitate further growth and their retirement plans. Offers invited. Generated a turnover of £2.1m in YE23, with an adjusted EBITDA of £111k Strong forward order book, worth circa £421k, with additional installation and services quotes worth a total value of circa £1.8m. Provides bespoke services offering high-quality wood or metal gates and automation equipment. Offers two-year guarantee on maintenance and repair services. Skilled second-tier management team has been assembled, including Manufacturers, Engineers, Surveyors, and CGI experts who are capable of running the business. Operates across multiple market sectors, including property development, schools, agriculture, commercial, and residential, with growing sales in trade. Holds accreditation with multiple industry-leading organisations. Recent investments in manufacturing and staff training provide a platform for future growth.
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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