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CONFIDENTIAL SALE
FOR SALE
14/06/23
514916
154309 / Rightbiz
The company primarily offers boat trips using its fleet of boats on the south coast of England, benefitting from exclusive leasehold use of the location from which it operates.
Priding itself on its extensive in-house knowledge and expertise, the company provides additional services, such as school visits to support curriculum learning, taking part in local events, and scattering ashes at sea.
The business is now being offered for sale to enable our clients to pursue other, unrelated interests.
Offers invited.
Key Highlights
- Benefits from a wide-ranging and diverse client base, operating primarily within the tourist industry.
- Has developed informal partnerships with local high-end hotels and restaurants to support their boat services in transporting larger parties, where required.
- Senior Manager in place that could undertake many of the Director’s duties post-sale, with training and support.
- Affiliated with a large marketing organisation that attracts many clients nationally and internationally.
- Operates from four separate leasehold sites, which includes boat moorings.
- As the company often operates to capacity in peak season, investing in additional boats could provide significant further revenue.
Financial Highlights
- YE24 projected turnover of £850k.
- Turnover of £850k in YE22 with an adjusted EBITDA of £600k.
- Total asset value of boats, equipment, spares, and tools 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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