Featured Brokers
CONFIDENTIAL SALE
FOR SALE
25/01/22
289408
152409 / Rightbiz
The company specialises in the design and production of customised vehicles, focusing on 4x4 and commercial vehicles from leading manufacturers, and offers a comprehensive suite of complementary services, including sales of new and used vehicles and bespoke vehicle modifications.
Utilising a highly experienced team and dedicated in-house workshop facilities, the company works closely with clients to design and produce unique vehicles suited to their individual requirements, with its brand being synonymous with quality and truly customer-focused services.
The shareholders are now offering the company for sale to secure further investment to accelerate growth, ensuring that the business achieves its full potential.
Key Highlights
- Operates on a national basis, with clients typically consisting of VAT-registered businesses, private traders and the general public.
- Excellent reputation, renowned as a leading supplier in its sector, which ensures that it continues to receive a steady stream of new, repeat and referral custom.
- Highly experienced management team in place, possessing the skills and expertise required to manage day-to-day operations on an ongoing basis.
- Operates from well-connected premises based in the Midlands, which feature full in-house workshop and body shop facilities.
Financial Highlights
- Generated a YE23 turnover of £12.6m, with an adjusted EBITDA of £1m.
- Projected to achieve a turnover of £13.8m by YE25, with the adjusted EBITDA forecast to increase to £1.1m.
- Order pipeline in place, with vehicles scheduled for delivery over the coming months, ensuring the sustained prosperity of the business.
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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