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CONFIDENTIAL SALE
FOR SALE
13/07/21
279605
For the past 10 years we have built up a fairly unique business dealing with the online advertising and marketing for B&B’s, Hotels, & Guest Houses.
Before COVID the business was making a net profit at the end of the year, and was sole source of income for a number of years for a family. Over the past 3-4 years we were not really putting enough time and effort into growing the business further, as we took on other business interests which also take up a large amount of our time, so our time and energy was split between the two.
This was fine until the impact of COVID effected everything. Both this and our other business now need full time input to put them back into strong positions, and we simply cannot do both, therefore we have decided to relcutantly give away this company and concentrating on the other business as the other is also where we live.
It is a small business with a lot of potential that can be run from anywhere in the world with an internet connection, by just one person. Purchase of the business includes its website, full training, phone systems and everything else you need. We want to have a smooth handover of the business to help the existing clients as much as the new owner. For the first three months we would be available for full support, which can be done either remotely or preferably you can come to us and work here where we would be able to offer better support.
Essentially we are giving the business away, but the buyer must be aware that they are taking on debt with the business that was incurred as a result of the business being at a virtual standstill throughout COVID, however this is arranged debt which can be paid off over a number of years.
The right person will be able to grow this business back to what it was and beyond.
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
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