Featured Brokers
CONFIDENTIAL SALE
FOR SALE
19/01/23
506716
153298 / Rightbiz
Operating primarily in South East England, the company provides both core and specialist solutions for the commercial and residential sectors, completing projects on time, within budget and to a high standard of finish.
Services include, brickwork / blockwork, steelwork, groundworks, diamond drilling / RC cutting demolition, and fireproofing
The Shareholders are offering the Company for sale as they wish to pursue alternative, unrelated interests.
Offers invited.
Key Highlights
- A multi-accredited company with an excellent industry reputation.
- Caters to 12 blue-chip commercial organisations across a diverse range of sectors, with long-standing relationships spanning over seven years.
- Experienced management team in place.
- Operates from leasehold premises.
- Opportunities for further growth include recruitment, and increased sales and marketing activity.
- Ongoing Government investment in housebuilding and infrastructure expected to create demand for companies operating within the construction industry.
Financial Highlights
- Turnover of circa 3m in YE22, with and EBIT of £199k.
- Extensive pipeline of future work, which has a combined value of circa £1m, with scope for it to generate an additional £3.5m in revenue over the next year.
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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