Featured Brokers
CONFIDENTIAL SALE
FOR SALE
18/09/23
599693
154632 / Rightbiz
Project Ludere manufactures, retails and installs soft play and playground equipment on an international basis. The business works closely with customers supply bespoke leisure products for indoor and outdoor playgrounds, soft play and sensory areas, trampoline parks and agility play facilities.
An end-to-end solution is offered, incorporating concept design through to installation, servicing, maintenance and upgrades.
The sister company operates as an industrial textile and upholstery service provider, utilising state-of-the-art machinery.
Our clients are offering both companies for sale to facilitate a planned exit strategy and retirement plans. Offers invited.
Key Highlights
- Works with customers across the UK, Europe, the USA and other regions, having established strong relationships with private entrepreneurs, schools, local authorities, retail outlets and leisure centres.
- Wealth of in-house expertise in place, with three candidates suitable to move into upper-level management positions and absorb the Directors’ duties.
- Directors willing to deliver a negotiable handover period.
- Operates from leasehold premises.
- Vast potential for growth through the introduction of new products, recruitment, expansion of the sector and geographical remit, and the implementation of further marketing strategies.
Financial Highlights
- Generated a YE23 turnover of £5.4m, with an adjusted EBITDA of £630k.
- Approximately 75% of the active customers provide repeat business.
- Circa 70% of the company’s revenue is generated through contracts.
- Ongoing contracts and projects are regularly secured with existing customers as they open new sites and facilities.
- An asset register worth in excess of £133k will form part of the sale.
- Strong pipeline of projects for YE24; £386k worth of works has been confirmed, and a further £400k may be realised through prominent leisure companies.
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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