Featured Brokers
CONFIDENTIAL SALE
FOR SALE
07/11/23
602281
155060 / Rightbiz
Specialising in the design, supply, and training for psychometric testing for a wide range of market sectors on an international scale, this business presents an opportunity to acquire IP that meets recognised standards.
The company benefits from 140 active B2B clients across the defence, HR, consultancy, and education sectors. 95% of these clients provide on-going repeat business, often on a 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.
Projected turnover for YE23 valued at circa £311k.
Current pipeline of £99k in place; additional contracts with companies operating in the defence sector currently in negotiation.
Operating within an accelerating market, which is set to increase at a CAGR of 7.5% from 2023 through to 2028.
Provides a unique offering by introducing new models and methods which overcome the limitations of mainstream psychometrics.
Has developed and maintained long-standing relationships, spanning up to 20 years, with a number of blue-chip clients.
A Operates entirely remotely; therefore, a prospective acquirer of the business
could manage operations from anywhere in the world.
Benefits from a wealth of unique in-house industry expertise, with all staff willing to remain post-sale.
Currently recruiting for global value-added resellers in order to make the IP available to a wider market.
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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