Featured Brokers
CONFIDENTIAL SALE
FOR SALE
26/10/23
601713
154905 / Rightbiz
The company designs and develops online booking systems and other travel technology solutions for customers worldwide.
Throughout its time in operation, the company has developed a comprehensive range of booking systems. This includes cost-effective solutions for travel agents and TMCs looking to enter the online market or seeking to renew their current web-based system,
as well as customised products for specialist retailers and agencies.
The business has also developed a web design division specialising in designing engaging websites for companies.
Our clients are now offering the company for sale to facilitate retirement plans. Offers invited.
Key Highlights
- All products are multi-language and multi-currency, to suit any market.
- Predominantly operates in the travel sector, with 35 active clients, all of whom provide consistent streams of revenue.
- Owns the intellectual property rights to all of its products, including any bespoke development that has been done.
- Strong relationships with partners and suppliers, many of which often provide the business with ongoing referrals.
- Has developed numerous processes, rendering it an ideal turnkey opportunity.
- Operates from serviced leasehold offices based in North West England.
- Experienced and knowledgeable team in place who currently operate on a hybrid basis.
Financial Highlights
- YE23 turnover of £391k, with an adjusted EBITDA of £121k.
- Current YTD turnover shows an increase of 22%.
- Guaranteed annual income of £260k.
- Guaranteed annual income set to increase to £325k by 2025.
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 'Developer of travel technology solutions and booking systems - 154905 / 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.