Featured Brokers
CONFIDENTIAL SALE
FOR SALE
06/07/23
516215
154112 / Rightbiz
The company is an established and respected provider of a range of comprehensive, end-to-end technological consultancy and installation services, including network infrastructure, information technology, audio visual and security systems to the education, commercial, aviation and construction industries.
Priding itself on its client-focused approach and cutting edge solutions, the company also offers client support and training, and on-going maintenance options, utilising its own in-house service desk team.
The business is now being offered for sale to facilitate the Director’s emigration plans.
Offers invited.
Key Highlights
- Serves a wide-ranging and diverse client base across the education, commercial, aviation, and construction sectors.
- Established for over two decades, the company has developed a loyal client base and an exceptional reputation.
- Strong second-tier management team in place.
- Possesses the desired industry qualifications and accreditations.
- Operates from leasehold premises.
- Ideal bolt-on acquisition for an existing synergistic organisation.
Financial Highlights
- Management turnover to 29/02/2024 of £1.4m.
- Management turnover of £3.1m, with an adjusted EBITDA of £171k.
- Turnover of £2.8m with an adjusted EBITDA of £200k.
- Guaranteed revenue from active support contracts held within the commercial, education, and aviation sectors.
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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