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Top Wholesaler & Designer of Outdoor Living & Kitchen Accessories in South East for Sale

Undisclosed

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    30/06/22

  • Advert ID

    297997

  • Reference

    152770 / Rightbiz

  • Call Agent:

    Registered members »

  • Turnover: £1,700,000 (£32,692 Per week)
  • Net Profit: On request

Key Features

  • Offers Invited

Business Details

A HIGHLY REGARDED WHOLESALER AND DESIGNER OF OUTDOOR LIVING AND KITCHEN ACCESSORIES – SOUTH EAST


YE23 turnover of £1.7m, with an adjusted EBITDA of £289k. Projected turnover in YE24 is £1.8m, with an adjusted EBITDA of £333k.  Provides a wide range of highly stylised outdoor and kitchenware products to a multitude of blue-chip retailers. Has 180 active clients across the retail sector, 90% of whom provide regular, repeat business. Maintains strong, long-standing relationships with clients, several of which now span over 15 years. An ideal bolt-on opportunity for complementary companies
looking to extend their offering and client base. Operates from leasehold premises. The Directors are willing to remain within the company in a suitable ongoing position, post-sale. The business is on great credit terms from its strong supply chain. Our clients are offering the business for sale to facilitate continued growth under the impetus of a new owner. Offers invited.

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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.

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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.

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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.

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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.

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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.

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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.'.

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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.

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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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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 HIGHLY REGARDED WHOLESALER AND DESIGNER OF OUTDOOR LIVING AND KITCHEN ACCESSORIES – SOUTH EAST - 152770 / 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.