Featured Brokers
CONFIDENTIAL SALE
FOR SALE
13/04/23
511563
153940 / Rightbiz
The company undertakes general and specialist decorating and maintenance services to residential, commercial, industrial and period properties across the UK. Its solutions include painting, wallpaper hanging, masonry repairs, spraying, dry lining, anti-graffiti painting, window repairs, all aspects of flooring, and carpentry.
The business utilises the latest equipment to fulfil project requirements. An asset register worth over £20k is included in the sale.
The company is accredited by Constructionline and CHAS.
Our clients are offering the business for sale to facilitate retirement plans. Offers invited.
Key Highlights
- Works with 30 active clients, many of whom are blue-chip organisations.
- Operates across sectors such as education, healthcare, facilities management, science, commercial, local authorities, MOD and private estates.
- Has established long-standing relationships, some of which span over 20 years.
- Shareholders willing to remain operational, with two employees capable of absorbing their responsibilities should they exit.
- A fully relocatable opportunity which can be effectively managed from anywhere.
- Scope for growth through recruitment, advancing its trades, expansion of its remit, and the introduction of a nationwide franchise network.
Financial Highlights
- YE22 turnover of £1.8m, with an adjusted EBITDA of £216k.
- Shareholder funds have increased by 495% between YE19 and YE21.
- Contracts with core, prestigious clients attribute to 60% of the business’s income.
- Numerous pipeline projects for YE24, holding an approximate value of £1.5m.
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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