CONFIDENTIAL SALE
FOR SALE
03/08/20
744
148940 / Rightbiz
YE21 management turnover of £807k. Projected turnover of £1.2 million in YE22. A leading provider of high-quality office refurbishment, reorganisation and relocation solutions to a wide variety of businesses working within a range of sectors, priding itself on delivery as promised.
Operates regionally, providing its services to over 38 active clients.
Benefits from high client retention rates, with circa 75% of clients providing the company with reliable, repeat business on an ongoing basis.
Some employees have been identified as having the necessary skills to take on greater responsibilities within the company.
Having built up a successful business for over 19 years, our clients are now offering the business for sale to facilitate their plans for retirement.
Our clients are willing to provide a mutually agreeable handover period to facilitate a smooth transition to the new owner.
Operates from lease hold premises rented from a private landlord.
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.