Featured Brokers
CONFIDENTIAL SALE
FOR SALE
04/04/24
609191
155444 / Rightbiz
The company is a precision engineering and fabrication business that specialises in small-to-medium batch production and offers scheduled production and one-off prototyping, where required. The company has CNC machining capabilities and offers metal fabrication, providing OEMs with regular deliveries.
Priding itself on its exceptional workmanship, the company experiences a very high level of repeat business; 95% of turnover is with existing clients. The company has developed good relationships with local education providers that assist with recruiting and training staff to an excellent standard.
The company is now being offered for sale to enable the Shareholders to pursue other, unrelated interests.
Our clients are open to all types of structured deals subject to terms.
Offers invited.
Key Highlights
- Certified to ISO 9001:2015 QMS and ISO 14001:2015 EMS standards.
- Wide-ranging and diverse client base across the marine, industrial, construction, and automotive sectors.
- Operates from leasehold premises, the freehold of which could be included in the sale, subject to separate negotiations.
- Strong second-tier management team capable of undertaking most daily operations and driving business development independently from the Director.
- Is expecting continuing year-on-year growth from existing customers through organic expansion and upselling additional services to these customers.
Financial Highlights
- Turnover of £840k in YE23 with an adjusted EBITDA of £130k.
- Projected turnover in excess of £1m for YE24 with an adjusted EBITDA of £250k.
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
The data showed regarding this advert 'Offers Precision Engineering and Fabrication Services - 155444 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.