Featured Brokers
CONFIDENTIAL SALE
FOR SALE
20/07/22
299222
152683 / Rightbiz
Management turnover of £2.5m in YE23. Turnover of £3.5m, with an EBITDA of £954k. Gross profit margin of 36% and an EBITDA margin of 27%.
Strong forward order book, which is currently expected to generate a net profit in excess of £800k in YE23.Experienced a significant uplift during the pandemic, with post-Covid trading demonstrating growth compared to pre-pandemic levels. Supplies high-quality furniture, including sofas, occasional chairs, dining
furniture, footstools and coffee tables. Products are bespoke and manufactured to exceptional standards, using
fabrics such as Moon Wool and Harris Tweed alongside aniline leather. Caters to the retail and contract furnishing sector, with its products being suitable for both domestic and commercial hospitality settings. Currently supplies 68 active clients, approximately 97% of whom provide reliable, repeat business on an ongoing basis, with some relationships spanning over 13 years.
Second-tier management team in place. Operates from leasehold premises. In a strong position to explore opportunities for growth, which could include the expansion of its client base, recruitment of additional Sales Agents and development of its product range.
The shareholder is offering the company for sale as they wish to pursue alternative, unrelated interests. 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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