CONFIDENTIAL SALE
FOR SALE
03/11/22
503074
TURF / Rightbiz
Swan Corporate is pleased to present the information memorandum for a profitable, established commercial interior fit-out and refurbishment company based in Milton Keynes and serving the UK.
The company’s core activities are interior design, office and premises refurbishment, fit-outs and alterations. Established in 2005, our client operates a cash flow and profit-friendly business with minimal staffing overheads which relies on trusted suppliers and contractors to carry out work. The average order value across the business is £109,000 with a job gross margin of 25% and a pre-tax net margin of 9.8%.
High profits, low fixed costs
The shareholding directors in the business are responsible for the strategic and financial management of the business however they do this in close consultation with their staff.
There are 4 permanent members of staff other than the shareholding directors whose responsibilities encompass all aspects of trading except for making the final decision on strategic and financial issues. They all know the business very well however so they could be trained on this very quickly by a new owner.
All work is carried out by contractors - there are no salaried on-site staff. Most of the contractors our client works with have a 10yr supply relationship. Occasionally, new contractors are tested out and retained if they meet quality & pricing targets.
A cash-generative business poised for growth
The future under new ownership is exciting. Revamping the website and introducing a sales manager and team could easily be paid for from cash flow. The brand’s high standing in the industry lends itself to the addition of extra services like mezzanine floor planning, pallet racking and shelving systems.
In addition, the commercial property remodelling sector is expected to undergo a boom in coming years as companies seek to attract staff back to the office.
The company has positive cash flows meaning that the hiring of a head of sales, running marketing campaigns and purchasing leads from 3rd party sources can be paid for with normql trading.
Our client has chosen to focus exclusively on office fit-outs, refurbishments and alterations. While many of their competitors do the same, others offer a wider range of related services including but not limited to:
· Mezzanine flooring
· Office partitions
· Pallet racking
· Shelving systems
· Steel partitions
· Workplace equipment
· Warehouse solutions
Not only would a new owner have our client’s customers and prospects to approach with these services, but they could also sell more to them because they’d be approaching the market with our client’s strong brand name and reputation for quality.
Advancing your enquiry
The current owner is committed to working with a new owner to best ensure their chances of delivering long-term success following a smooth handover. Given the solid financials, high-profit margins and low fixed-cost base too, we expect interest in this company to be high. We invite you to get back in touch with us to begin discussions with the owner by contacting us at the details below.
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 SolicitorThe data showed regarding this advert 'A profitable commercial interior fit out and refurbishment company based in Milton Keynes - TURF / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.