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CONFIDENTIAL SALE
FOR SALE
02/02/22
289928
152432 / Rightbiz
Turnover of circa £4.4m in YE21, with an adjusted EBITDA of £522k. Projected turnover of £6.5m in YE22. Manufactures high-quality bedding and other soft bedroom accessories for a diverse range of film, TV, video game, character and sports franchises, creating innovative products using new technologies and sustainable materials. Long-standing relationships with many brand owners, providing a range of textile products suitable for toddlers to young adults, including innovative and sustainable designs.
Products are sold to over 60 of the UK’s largest retailers, including supermarkets, clothing stores and homeware stores, and via its popular Amazon store, with the company receiving a high volume of repeat business. Shareholders are willing to remain in their roles to assist a buyer with taking the business to the next level. Operates from ideally located leasehold premises. Growth opportunities will include the introduction of new licenses and products into its portfolio, increasing its range in retail stores. Geographic expansion into Europe and the implementation of operational efficiencies could also be beneficial. Order book is currently valued at circa £900k for January and February 2022.
Projected turnover of £2.3m throughout Spring 2022, with further opportunities to benefit from new and existing client relationships expected to emerge throughout the year. The Shareholders are offering the company for sale as they wish to realise the assured wealth derived from the value of the existing business, its goodwill and potential, whilst facilitating further growth. Offers invited.
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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