Featured Brokers
CONFIDENTIAL SALE
FOR SALE
15/06/23
514939
154214 / Rightbiz
Overview
The company is a market-leading provider of bespoke, luxury kitchens and whole-house furniture.
Priding itself on its handmade designs, the business works closely with the customer in the design, build, installation and maintenance of every project that it is commissioned to produce.
Having built up the business, our clients are now offering the company for sale to facilitate growth under the impetus of new ownership.
Offers invited.
Key Highlights
- Products include kitchens, furniture, granite and marble worktops, appliances and sundries.
- Uses responsibly sourced local hardwoods, including ash, oak and chestnut.
- Works with private individuals of a high net-worth.
- Benefits from a strong and efficient team of employees.
- Operates from two leasehold premises, utilised for storage, office and showroom facilities.
- Scope for growth via geographical expansion, the recruitment of additional employees and the introduction of further marketing activities.
Financial Highlights
- Turnover of circa £1.3m in YE22.
- Adjusted EBITDA in excess of £222k.
- Gross profit margin averaging 64% between YE19 and YE22.
- Significant forward order book value of £850k.
- Discussions in place with prospective clients which could achieve additional revenues of £250k.
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
The data showed regarding this advert 'Provider of Bespoke Kitchens and Furniture across London and the Surrounding Areas - 154214 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.