Featured Brokers
CONFIDENTIAL SALE
FOR SALE
01/05/24
610685
155927 / Rightbiz
The company is a provider of specialist pushchairs and mobility support for disabled children up to the age of 18, offering a comprehensive range of products designed to help the user experience environments and events that may not be accessible in a wheelchair or due to health and safety concerns for children with non-physical conditions
With its extensive sector knowledge allowing it to cultivate an excellent reputation within the industry, the company has built up long-standing relationships with many leading charities and funding providers. It is dedicated to helping families acquire the most suitable product for their needs and access financial support if required.
The company is being offered for sale as the shareholder wishes to focus on other, unrelated interests. Offers invited.
Key Highlights
- Offers a comprehensive end-to-end service from initial contact through to the delivery of the product, with helpline, live virtual and in-person demonstrations offered.
- Exclusive agreements are in place with five of seven of the company’s suppliers, covering the sale of their products within the UK. This includes a range of all-terrain pushchairs and double buggies for children aged three years upwards.
- Preferred supplier for some of the UK’s largest children’s charities, with an established and growing network of contacts within the charitable sector, health and social care, special schools and family support organisations.
- Highly visible on Google searches, with many leads generated through parent and professional word of mouth.
- Caters to UK-based parents or carers of children with additional needs, with the majority funded through charities and the NHS personal wheelchair budget. Additional revenue is derived from self-funded individuals.
- Experienced management team in place.
- Operates from leasehold premises.
Financial Highlights
- Turnover of £785k, with an adjusted EBITDA of £188k.
- Projected turnover of £1.1m with an adjusted EBITDA of £340k.
- Current pipeline of orders is valued at £89k, with scope to increase this further through targeted outreach to clients who are yet to place an order.
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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