Featured Brokers
CONFIDENTIAL SALE
FOR SALE
27/04/23
512361
153003 / Rightbiz
The company provides all-encompassing generator and temporary electrics services, offering quality equipment from leading manufacturers for either hire or sale.
Operating on a regional basis, the company has grown into a leading supplier in its sector, with its extensive range of products, knowledgeable staff and excellent reputation ensuring that it continues to enjoy a high volume of custom throughout the year.
The company prides itself on providing an exceptional standard of service, utilising a skilled team of Engineers and an in-house delivery function to provide rapid, reliable solutions.
Our clients are now offering the company for sale to support the continued growth of the business and as part of their long-term exit strategies.
Key Highlights
- Predominantly works with clients based across North England, with a particularly prominent presence in the construction, healthcare, events, housebuilding and utilities markets.
- A highly accredited business with an excellent reputation, renowned for providing efficient and reliable services.
- Maintains strong, long-standing client relationships, some of which span over eight years, and works closely with a number of significant, blue-chip organisations with a national presence.
- Highly skilled and long-standing management team in place, possessing the skills required to dependably manage all aspects of the business on an ongoing basis.
- Operates from several strategically located premises, providing excellent coverage across the North of England and facilitating the development of direct relationships with prominent local clients.
Financial Highlights
- Achieved turnover of in excess of £3.8 million in YE22, with an adjusted EBITDA of circa £870k.
- Continues to benefit from a steady, reliable stream of revenue through ongoing contracts with clients, which accounted for approximately 12% of turnover in the last year.
- Maintains consistently strong gross profit margins, averaging 63% across the last four years.
- Possesses a wealth of assets, including generators, plant, machinery and motor vehicles with a collective value of circa £1.3 million.
- Continually invests in new, efficient equipment, ensuring that it continues to meet the evolving demands of its client base whilst building up a comprehensive fleet of quality generators.
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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