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CONFIDENTIAL SALE
FOR SALE
22/02/23
508807
153086 / Rightbiz
The company is a electro-mechanical engineering business specialising in automated applications and conveyor systems. It offers a comprehensive mechanical and electrical engineering service, along with robotic and control system engineering, and system fabrication, relocation, modification, maintenance and repair.
Operating across the Midlands, the company caters to blue-chip clients in the automotive, food, waste management, engineering and facilities management industries.
The Shareholders are offering the company for sale as part of their retirement plans.
Offers invited.
Key Highlights
- An in-house design team facilitates the innovation, design and construction of a comprehensive range of projects.
- Currently works with 11 active clients, all of whom provide reliable, repeat business on an ongoing basis. Some of these relationships span five years.
- Experienced second-tier management team in place.
- Operates from freehold premises that will be included in the sale.
- Further growth could be achieved through geographic expansion, recruitment and the implementation of additional marketing activity.
Financial Highlights
- Turnover of £1.2m, with an EBITDA of £239k.
- Gross profit margin of 51%.
- Pipeline of future work is currently valued in excess of £830k and includes projects for several high-profile clients.
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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