Featured Brokers
CONFIDENTIAL SALE
FOR SALE
07/02/24
606382
155393 / Rightbiz
Based in Scotland, the company is a tour operator offering package holidays across the UK, Ireland, and Europe, specialising in unique, all-in-one coach trips to Blackpool that include half-board at a number of hand-picked hotels and coach departure every Monday and Friday all year round.
Priding itself on its exceptional reputation for reliably providing a first-class service, the company achieves a large amount of repeat business and has exclusive, strong, long-standing relationships with many hotels and newspapers for low-cost advertising opportunities.
The business is now being offered for sale to facilitate retirement plans.
Our clients are open to all types of structured deals, subject to terms.
Offers invited.
Key Highlights
- Loyal, long-standing, diverse client base, many of whom book with the company multiple times per year.
- Strong second-tier management team in place that can undertake daily operations and drive business development with no input from the Directors, providing a turnkey opportunity.
- Three new product launches this year, including self-drive breaks, door-to-door services, and three-day weekend breaks, are expected to significantly increase bookings.
- Poised to undertake expansion into new markets and geographic locations for holidays.
- Operates from leasehold premises.
Financial Highlights
- Generated a turnover of £4.4m in YE23 with an adjusted EBITDA of £340k.
- Projected turnover of £5.3m for YE24 based on six months of trading, with an adjusted EBITDA of £700k.
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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