Featured Brokers
CONFIDENTIAL SALE
FOR SALE
01/02/24
606068
152413 / Rightbiz
The company retails a vast array of agronomy, farming and agriculture products, operating as a key supplier for grass seed and agrochemicals.
Own-brand products are complemented by the provision of third-party ranges, with the offering also including fertilisers, cereals, seed and grain, straw and sampling kits.
Product sales are often facilitated by the delivery of arable husbandry and agronomy advice, ensuring that the most appropriate products and guidance are provided.
The business is accredited by the Fertiliser Industry Assurance Scheme (FIAS) and the Trade Assurance Scheme for Combinable Crops (TASCC).
Our clients are now offering the company for sale to facilitate retirement plans. Offers invited.
Key Highlights
Currently works with 500 active customers throughout Wales and across the UK, 70% of whom place repeat orders.
- An e-commerce website facilitates the generation of online orders, with this platform presenting potential for further development.
- In-house personnel are capable of effectively managing day-to-day operations without the shareholders’ input, and can absorb the Director’s responsibilities.
- Operates from shareholder-owned premises which can be offered on a leasehold basis.
- Premises retain vast scope to diversify the revenue streams and product lines.
Financial Highlights
- Generated a YE23 turnover of £4.4m, with an adjusted EBITDA of £202k.
- YE24 projected turnover of between £3.5m and £4m, with an adjusted EBITDA of circa £240k.
- 80% of the income is derived from existing customers, some of whom have been in place since the business’s inception.
- Owns a van and a forklift, both of which will be included in the sale.
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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