Featured Brokers
CONFIDENTIAL SALE
FOR SALE
31/10/23
601956
154898 / Rightbiz
Specialising in bespoke commercial kitchen services, the company designs, supplies, and installs commercial kitchen equipment for a number of market sectors throughout the UK.
Sale includes servicing company which offers planned maintenance for catering equipment, as well as breakdown support.
The company benefits from over 10 active repeat clients, across the hospitality, leisure, private, and education sectors, all of whom provide business on an on-going, contracted basis.
The business is being offered for sale as a part of our clients’ retirement plans.
Our clients are open to all types of structured offers, subject to negotiations.
Offers invited.
YE23 management turnover of £7.1 million, with an EBITDA of £175k.
Projected YE24 turnover of circa £8 million.
Operating within a successful and sustained market sector, which was valued at circa £64.3 billion worldwide in 2019.
Has developed long-standing relationships, several of which span over 10 years, with a number of blue-chip clients who provide ongoing business.
Operates from a leasehold property rented from a private landlord, with nearby premises that could facilitate the potential expansion of the business.
Benefits from a wealth of in-house industry experience and market knowledge.
Scope to focus on implementing market strategies, such as social media use and trade advertising, to encourage brand awareness and facilitate further growth.
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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