Featured Brokers
CONFIDENTIAL SALE
FOR SALE
21/06/23
515304
153992 / Rightbiz
Overview
Priding itself on its comprehensive and unique product offering, the company specialises in the design and installation of outdoor leisure spaces.
The business works closely with its clients, from project design through to installation and maintenance to ensure client satisfaction.
Having built up the business, our clients are now offering the company for sale to facilitate retirement plans.
Offers invited.
Key Highlights
- Product offering includes play equipment, gym and fitness equipment, sports facilities and outdoor furniture.
- Has developed an enviable reputation in the outdoor leisure industry, and works with an array of clients, such as local authorities, developers, schools and private trusts.
- Currently has circa 100 active clients, 30% of whom provide the business with reliable streams of ongoing revenue.
- Strong and efficient second-tier management in place, who can manage the business with minimal supervision.
- Strong relationships with multiple install teams which will enable further growth and scalability to deliver the growing orderbook and pipeline opportunities.
- Operates from leasehold premises, utilised for office and storage space.
- Scope for growth by fully exploring the education industry, which has shown signs of development over the past few years.
Financial Highlights
- Turnover in excess of £409k for YE22.
- Current forecasted turnover for YE23 in excess of £1m.
- Secured pipeline of work due to commence in YE23 £564k.
- Six new prospective clients, with projects worth circa £627k.
- The business is anticipating growth with a sales pipeline of £1.8m.
- The company has an estimated 85% chance of winning contracts, showing a promising sales revenue of £1.3m for YE24.
- Orderbook already in place for YE24 of £300k.
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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