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Top-Rated UK Debt Collection Agency Serving Major Overseas Banks for Sale

Undisclosed

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    14/01/21

  • Advert ID

    270789

  • Reference

    150576 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: Price on Application
  • Turnover: Not Applicable
  • Net Profit: On request

Key Features

  • Offers Invited

Business Details

A HIGHLY REGARDED DEBT COLLECTION AGENCY PRIMARILY SERVING MAJOR OVERSEAS BANKS – UK BASED

Generates turnover of £1.2m with an adjusted EBITDA of £462k. Turnover is projected to reach £1.9m by YE24.Highly successful specialist agency operating for over nine years. Provides comprehensive cross-border debt recovery services for overseas banks with large UK portfolios of credit card debt. Primarily recovers debt from UK residents which was incurred when living and working overseas. Has been awarded FCA and SRA licences, enabling the company to purchase and collect debt whilst conducting all necessary litigation inhouse. Retains 10 active clients, all of whom provide reliable, repeat custom. Operates from leasehold premises. Our clients are looking to sell a percentage of the business to facilitate their staged exit plans. Ideal bolt-on acquisition for complementary service providers looking to acquire a business which maintains an unparalleled reputation in the collection of cross-border debts. Offers invited.

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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.

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Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

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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.

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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.

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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.

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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.

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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.'.

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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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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.

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Stay Safe

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.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.'.

Stay Safe

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.

Stay Safe

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.

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The data showed regarding this advert 'A HIGHLY REGARDED DEBT COLLECTION AGENCY PRIMARILY SERVING MAJOR OVERSEAS BANKS – UK BASED - 150576 / 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.