Featured Brokers
CONFIDENTIAL SALE
FOR SALE
26/03/24
608810
155483 / Rightbiz
The company provides high-quality repair and refurbishment work for schools in Wales, specialising in the creation of welcoming and stimulating learning environments. Services include painting, carpentry, flooring replacement, electrical and plumbing work, playground refurbishment and general building repairs.
Having developed an excellent reputation amongst headteachers and other key decision makers within the education sector, including several local councils, the company benefits from a high volume of repeat business and frequent referral custom.
The shareholder is offering the business for sale to facilitate his retirement.
Offers invited.
Key Highlights
- Completes work in classrooms, assembly halls, bathrooms and playgrounds, with project values up to £200,000, with reactive repairs also managed.
- Offers a flexible operation, carrying out work early in the morning, in the evening, and–for an additional charge–overnight.
- Works with 142 schools, with some relationships spanning 25 years.
- Shareholder is willing to provide a consultancy period post-sale to ensure that all client relationships continue under new ownership.
- Benefits from long-standing relationships with a subcontracted workforce, all of whom are experienced in their fields.
- Offered as a fully relocatable opportunity.
Financial Highlights
- Turnover of £955k achieved in YE23.
- Projected turnover of £1.1m, with an EBITDA of £49k.
- Extensive pipeline, which is currently valued at £458k, with a further £45k expected from smaller repair jobs.
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Confirmed pipeline includes two large-scale renovation projects individually valued at £220k and £100k.
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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