Featured Brokers
CONFIDENTIAL SALE
FOR SALE
07/06/23
514488
154354 / Rightbiz
The company provides comprehensive procurement, logistics, quality assurance and project management solutions for projects across the UK and overseas. This primarily comprises the specification, sourcing, purchasing, installation, commissioning and handover of medical and non-medical equipment.
The business can meet client specifications for the construction and equipping of healthcare outlets in remote, hostile and specialist regions. It often works as a subcontractor to deliver technical advice.
A sister brand provides the same solutions for many international sectors, including the provision of agriculture equipment, defence technologies and infrastructure support.
Our clients are now offering the company for sale to facilitate the Director’s retirement plans. Offers invited.
Key Highlights
- Works with a diverse client network across the UK, Africa and India, covering sectors such as healthcare, defence, agriculture, engineering and NGOs.
- Has established long-standing relationships with blue-chip organisations, some of which span over 20 years.
- Strong second-tier management team in place which is able to absorb many of the Director’s responsibilities, post-sale.
- Operates from leasehold premises, though could be relocated.
- Scope for growth through recruitment, expansion of its remit and continual advancement of the export capabilities.
Financial Highlights
- YE22 turnover of c.£5.6m, which included a significant contract.
- Whilst the YE23 management turnover is £350k, there is vast potential to repeat the YE22 performance through other projects and contracts.
- YE24 turnover is forecast to reach £5.7m.
- Benefits from numerous lucrative contracts, projects and repeat custom, safeguarding the revenue.
- Has secured many contracts and agreed projects for 2023 and beyond, many of which will lead to recurring income.
- Over £20m worth of works has been agreed, with more to be expected as discussions continue.
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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