Featured Brokers
CONFIDENTIAL SALE
FOR SALE
16/01/23
506425
153117 / Rightbiz
The company is a multi-award-winning roofing contractor specialising in natural slate, leadwork and roof restoration projects.
The company primarily completes historic restorations and also carries out commercial and domestic work. The quality of its services has resulted in a high volume of referral custom.
The business is being offered for sale due to the retirement plans of the majority shareholder.
Offers invited.
Key Highlights
- Also completes roofing projects that involve more modern materials, including tiling, cedar shingling and zinc.
- Generates additional revenue from professional consultancy services and sales of reclaimed roofing materials.
- Strong management team led by a Managing Director who is willing to remain in their role for up to five years.
- Operates from leasehold premises.
- Growth opportunities could include recruitment, geographic expansion and further targeting of the heritage market.
- An ideal bolt-on acquisition for similar organisations or those operating in synergy sectors, including roof insulation and solar panel installation.
Financial Highlights
- Turnover of £1.2m, with an adjusted EBITDA of £166k.
- Projected turnover of £1.8m, with an adjusted EBITDA of £240k.
- Order book valued at £3.2m. This includes several projects that are currently ongoing or due to commence in early 2023, including two which are set to generate in excess of £1m.
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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