Featured Brokers
CONFIDENTIAL SALE
FOR SALE
31/05/23
514036
153751 / Rightbiz
The business is a well-regarded building services contractor providing quality electrical solutions the commercial, residential, and industrial sectors.
The company’s expertise allows it to handle all aspects of electrical work, from large commercial projects to national house builders and blue-chip industry operators.
The business’s commitment to complying with industry-standard, such as the National Inspection Council for Electrical Installation Contracting (NICEIC) and Contractors Health and Safety Assessment Scheme (CHAS), ensures that its clients receive high-quality electrical services.
Having built a highly successful business, our clients are offering the company for sale to pursue other, unrelated plans.
Benefits from 18 active clients, all of whom provide reliable, repeat business.
Our clients have indicated that they are willing to provide a mutually agreeable handover period.
An ideal bolt-on opportunity for complementary service providers looking to extend their offering and client base.
Operates from leasehold premises.
Scope for growth through the implementation of additional marketing strategies.
YE22 turnover of £4.3m with an adjusted EBITDA of £402k.
The company’s turnover has seen a substantial rise between YE21 and YE22, increasing by 155%.
YE23 draft turnover of £3.4m with an adjusted EBITDA of £542k.
YE24 projected turnover of £5.2m
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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