CONFIDENTIAL SALE
FOR SALE
09/08/22
498343
152934 / Rightbiz
The company supplies and erects an extensive range of scaffolding systems, including both modular systems and tube and fitting applications, working with clients based across Scotland on a diverse range of projects.
Benefitting from a wealth of in-house expertise, the company is able to efficiently manage challenging and complex projects, which has enabled it to establish a dominant market share within its core operational area and facilitated the development of an excellent reputation.
Having built up a strong and respected business, our clients are now offering the company for sale as part of their retirement plans.
Key Highlights
• The company has been trading successfully for over 30 years, cultivating a loyal, long-standing client base, with some relationships having remained in place since the inception of the business.
• Operates across commercial, industrial and residential sites, utilising an extensive range of scaffolding systems to work on a variety of niche sites, including heritage buildings and infrastructure developments.
• Clients predominantly consist of local councils, construction companies and contractors, with 90% of clients providing repeat business.
• Loyal and directly employed team of Scaffolders in place, benefitting from considerable experience in the sector.
• Operates from a well-connected yard in Scotland, with its strategic positioning ensuring that the business is the supplier of choice within its region.
Financial Highlights
• The company achieved turnover of £788k in YE22, with an adjusted EBITDA in excess of £255k.
• Possesses assets including scaffolding, plant, machinery and motor vehicles valued at circa £950k.
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 SolicitorThe data showed regarding this advert 'A WELL ESTABLISHED SCAFFOLDING COMPANY BASED IN SCOTLAND - 152934 / 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.