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UK Top Sports Surfaces Supplier & Installer with £2.7m Turnover for Sale

Undisclosed

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    31/03/22

  • Advert ID

    293050

  • Reference

    152386 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £1,500,000
  • Turnover: £2,700,000 (£51,923 Per week)
  • Net Profit: On request

Key Features

  • Offers Invited

Business Details

A MARKET LEADING SUPPLIER AND INSTALLER OF PREMIUM SPORTS SURFACES — BASED IN THE UK

Generated a YE23 turnover of £2.7m with an adjusted EBITDA of £550k. A highly reputable organisation operating at the forefront of its market. Offers an extensive range of indoor and outdoor sports surfaces, including premium bowling greens, short mats and multi-use solutions. Prides itself on delivering a comprehensive, turnkey solution, working closely with customers from initial designs through to installation. Utilises a highly knowledgeable workforce dedicated to delivering an unparalleled standard of service across the sports industry. Serves customers in a variety of international territories, including the UK, Australia, Canada and Spain.
Has secured World Bowls accreditation for outdoor bowls surfaces. Operates from leasehold premises. Offered for sale to facilitate wider retirement plans. Significant scope to leverage the business’s international reputation and expand its existing product ranges. Asking price £1.5m on a cash free, debt free basis

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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 MARKET LEADING SUPPLIER AND INSTALLER OF PREMIUM SPORTS SURFACES — BASED IN THE UK - 152386 / 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.