CONFIDENTIAL SALE
FOR SALE
18/01/24
1739
165938 / Rightbiz
BASED IN NORTH YORKSHIRE AND COUNTY DURHAM
YE22 turnover of circa £45,000 with an adjusted EBITDA in excess of £19,000.
Property investment company with a portfolio of six properties across North Yorkshire and County Durham.
The portfolio is valued at circa £1,005,000.
Presents an opportunity to secure a sustainable business model with assets that will provide an immediate return on investment.
Following a review in January 2024, the company’s rental income is circa £47,000 per annum.
Presents an exciting opportunity for a property investor looking to expand operations into North East England.
Offers invited.
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.
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