CONFIDENTIAL SALE
FOR SALE
08/02/24
606474
155522 / Rightbiz
The company offers a complete print management service, specialising in the production of self-adhesive labels and barcode tickets, with additional revenue generated from the sale of thermal transfer printers, labelling software and printing consumables.
Operating internationally, the company caters to circa 70 customers across a diverse range of sectors, including food manufacturing, hardware packing, fulfilment, reselling and automotive, and benefits from a high volume of repeat business.
The shareholders are offering the business for sale to facilitate their retirement.
Offers invited.
Key Highlights
- Also provides a proactive and reactive printer maintenance service.
- Long-standing relationships, with all current arrangements expected to continue for the foreseeable future.
- Ideally suited for absorption within a buyer’s existing operations, creating additional revenue streams with relatively little spending on staff or premises.
- Operates from leasehold premises.
- Scope to diversify into the supply of RFID labelling, with product trials already underway for an existing customer and another agreement in the early stages of negotiation.
Financial Highlights
- Turnover of £999k, with an EBITDA of £322k.
- Forecast turnover of £1.05m, with an EBITDA of £356k.
- A highly profitable business with minimal overheads.
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
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