Featured Brokers
CONFIDENTIAL SALE
FOR SALE
13/04/23
511564
153674 / Rightbiz
Operating nationwide, the company retails new and used motorhomes and caravans to the general public, also offering a range of servicing, MOT and repair services for touring vehicles at its expansive premises.
The company specialises in the sale of coachbuilds and van conversions from a range of well-known manufacturers, including Compass, Autotrail and Swift. All motorhomes are fully reconditioned before offered for sale, ensuring that they are in the best possible condition.
Our Clients are offering the company for sale due to the retirement plans of two of the Shareholders, with the third wishing to explore other business opportunities.
Offers invited.
Key Highlights
- Accredited by the NCC Approved Workshop Scheme, which allows it to carry out warranty repairs for several popular manufacturers.
- Approximately 60% of customers provide repeat business.
- Receives a steady stream of repeat business from its service and repair centre, which generates income year round.
- Experienced management team in place, led by a member of staff with over 11 years of motorhome experience.
- Operates from extensive freehold premises, which may be included in the sale on a freehold or leased basis.
- In an excellent position to benefit from the growing demand for motorhomes in the UK.
Financial Highlights
- YE22 turnover of £2.5m, with an adjusted EBITDA of £308k.
- Robust balance sheet with shareholder funds in excess of £1.3m.
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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