Featured Brokers
CONFIDENTIAL SALE
FOR SALE
04/12/23
603477
154995 / Rightbiz
The company specialises in the design, supply, installation, and maintenance of electronic security and safety systems, including CCTV, access control, intruder alarms, fire safety, automated gates, and other related products.
Operating regionally, the company has circa 300 active clients, 80% of whom provide ongoing repeat business. Relationships with clients span up to 15 years.
The business is being offered for sale to facilitate growth under the impetus of new ownership.
Our clients are open to all types of structured offers, subject to negotiation.
Offers invited.
YE23 income in excess of £293k.
Current sales pipeline of circa £142k.
Annually recurring contract revenues of circa £140k.
92.5% of sales are derived from existing clients.
Operating within a sustained market, protected from economic downturn, which is currently valued at circa £1.3 billion across the UK.
Operates from leasehold premises, which comprise an office space and stores.
Benefits from high staff retention rates, with all staff willing to remain in the business post-sale, subject to negotiation.
Has a wealth of in-house industry expertise, a combined total of over 70 years across the entire team.
Demonstrating its commitment to quality, the company has achieved five accreditations from trusted federations.
Operates across a variety of sectors, including private, education, and construction.
Recruiting sales and marketing positions in order to drive sales from new and existing clients, as well as to increase turnover.
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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