Featured Brokers
CONFIDENTIAL SALE
FOR SALE
09/05/24
611046
155679 / Rightbiz
The company is a highly regarded manufacturer of precision machined components for the oil and gas sector, as well as the food and beverage, aerospace, and rail sectors.
The business can manufacture products ranging from 0.25kg to 2 tonnes in weight and has the capability to accommodate urgent requests without compromising existing deadlines due to its extensive range of equipment and skilled staff.
The company works with various metals, including non-ferrous alloys, mild steel, carbon / alloy steel, stainless steel, and duplex and heat-resistant alloys.
Benefits from 15 active clients, 75% of which provide ongoing, reliable revenue.
Highly skilled team of engineers in place, all of which will be remaining within the company post-sale.
Operates from freehold premises, which could be included in the sale.
The company has a strong foothold within its operating sectors, having developed relationships with many blue-chip clients.
The business has a wide range of state-of-the-art machinery in place and does not require a large-scale investment.
YE23 turnover of £2.4m.
Adjusted EBITDA of £741k in the same year.
Our client is offering the business for sale to facilitate retirement plans.
Offers invited.
Average gross profit margin of 37% over the last four years.
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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