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CONFIDENTIAL
FOR SALE
274012
148828 / Rightbiz
The company is a well-established and prominent discount retailer, operating from 22 strategically located stores based across South East England.
The company has established a prominent position within its region and is well-known as a reliable provider of quality products, benefitting from a high volume of new and repeat custom on a daily basis.
At present, the company offers over 7,000 products, and is committed to delivering services that meet the needs of its local communities, endeavouring to provide the highest possible standard of service at all times.
Our clients are offering the company for sale as they are reviewing their strategic options and believe that a new owner could accelerate further growth of the business.
Key Highlights
- Welcomes over 22,000 customers into its stores on a daily basis and has earned an excellent reputation within its market, with a multitude of excellent reviews.
- Offers an extensive range of high-quality products from leading brands and independent manufacturers, including food, toiletries and homeware.
- Each store is led by an on-site Store Manager, who oversees all operations for their specific store and reports directly back to the company’s head office, which undertakes all administrative and distribution works.
- Strong management structure in place, possessing the skills and expertise required to manage operations on an ongoing basis.
- In addition to its stores, the company utilises a central, 50,000 sq ft management and distribution facility in South East England.
- Significant scope for further geographic expansion across the UK.
Financial Highlights
- Generated a YE25 turnover of £29.5m, with an adjusted EBITDA of £879k.
- Strong gross profit margins, averaging 38% between YE22 and YE25.
- Turnover has shown year-on-year growth, increasing 40% between YE22 and YE25.
- Holds assets valued in excess of £700k and maintains a consistently high level of stock at all times. At present, the company’s stockholding is valued at £2.1 million.
- No long-term, interest-bearing debt.
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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