CONFIDENTIAL SALE
FOR SALE
03/02/22
1160
152279 / Rightbiz
Turnover of £1.24m, with an adjusted EBITDA of £148k. Acts as a one-stop shop for office, warehouse, care home and catering environments, providing stationery, cleaning supplies, inks and toners, furnishings and hardware. Also offers printing and embroidery services, equipment testing, staff training and CCTV installation. Caters to 480 clients across the hospitality, healthcare, education and general commercial sectors, 97% of whom provide repeat business. Long-standing client relationships, several of which have been in place for over 10 years. Strong second-tier management team in place.
Operates from leasehold premises owned by the Shareholders. These may be included in the sale on a rental or freehold basis. Growth opportunities include technological development, expansion of its product range and increased marketing activity. The Shareholders are offering the company for sale as they wish to pursue alternative, unrelated interests.
Offers invited.
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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.
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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.
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