Featured Brokers
CONFIDENTIAL SALE
FOR SALE
02/02/23
507644
153704 / Rightbiz
Priding itself on its innovative approach, the company delivers bespoke management solutions for businesses’ telecommunications and utilities supplies, working closely with clients to reduce expenditure, maintain or increase service levels, and enhance efficiency.
The business utilises expert methodologies, bolstered by up-to-date market information, to secure cost-effective prices and contracts for its clients.
Our clients are now offering the company for sale to facilitate other, unrelated endeavours and lifestyle changes.
Key Highlights
- Works with approximately 400 active clients across sectors such as clinical practices, healthcare, retail, automotive dealerships, hospitality, manufacturing and charities, along with a range of office-based businesses such as accountants and solicitors.
- Numerous long-standing relationships, several of which span over 10 years.
- Highly knowledgeable management team in place, which is able to operate the business effectively without the shareholders’ input.
- Director willing to provide a handover period or work in a part-time consultancy capacity, post-sale.
- Operates from leasehold premises that are owned by one of the shareholders’ pension fund and may be included in the sale on a leasehold or freehold basis.
Financial Highlights
- Generated a turnover of £1m in YE23.
- Adjusted EBITDA in excess of £503k achieved in the same year.
- An estimated £800k in recurring revenue for YE23, increasing to £900k in YE24. This is bolstered by continually onboarding new clients.
Offers in the region of £2 million.
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
The data showed regarding this advert 'Specialist business expenditure consultancy - 153704 / 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.