Featured Brokers
CONFIDENTIAL SALE
FOR SALE
14/03/24
608223
155719 / Rightbiz
The company is a manufacturer and supplier of packaging materials and consumables, offering a broad range of products that includes cardboard boxes, protective packaging, polythene and tape, and other related items.
Packing boxes and fittings are manufactured in-house using quality materials, die-cut and print options are available should a customer wish. The company prides itself on the quality of its products and the adaptability of its service.
Operating across the Midlands, the company has a diverse customer base that spans a wide range of sectors, including healthcare, logistics, engineering and electronics, with its product range easily applicable to any business with postage requirements. These customers are mostly long-standing and generate a steady stream of business throughout the year.
The shareholders are offering the company for sale to facilitate their retirement.
Offers invited.
Key Highlights
-Caters to 744 customers across the East Midlands, including several blue-chip organisations, and also benefits from additional revenue from the general public.
- Benefits from high volumes of repeat business, with some customer relationships spanning 30 years.
- Experienced team in place to manage day-to-day operations.
- Operates from leasehold premises.
Financial Highlights
- Turnover of £3.2m achieved in YE23, with an adjusted EBITDA of £414k.
- Outturn turnover of £3m for YE24, with an adjusted EBITDA of £493k.
- Pipeline is currently valued at £750k, with expectations that the company will continue to benefit from a steady stream of business from new and existing customers over the course of the year.
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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