Featured Brokers
CONFIDENTIAL SALE
FOR SALE
11/07/23
516431
154186 / Rightbiz
Operating Across the UK
Overview
The company specialises in the provision of tailored and cost-effective learning and training solutions, covering an extensive list of areas, including leadership and management, compliance, sales, customer services, project management and IT skills.
The business has developed one of the largest UK-based online libraries, offering a multitude of engaging modules all of which are compliant with current legislative changes and industry standards.
Our clients are now offering the company for sale to facilitate the option of retirement.
Offers invited.
Key Highlights
- Strong partnership with world leading software company to provide a comprehensive learning suite.
- Utilises a dedicated and experienced team to provide expert advice, guidance and support the goals and needs of all of its clients.
- Operates in a broad range of sectors, including energy, automotive, food production, manufacturing and finance.
- Has developed long-standing relationships with many blue-chip and prestigious clients.
- Operates from leasehold office premises.
- Strong partnership with world leading software company to provide a comprehensive learning suite.
- Utilises a dedicated and experienced team to provide expert advice, guidance and support the goals and needs of all of its clients.
- Operates in a broad range of sectors, including energy, automotive, food production, manufacturing and finance.
- Has developed long-standing relationships with many blue-chip and prestigious clients.
- Operates from leasehold office premises.
- Scope for growth via the commercialisation of the company’s e-library which has received over £500k of investment.
Financial Highlights
- Turnover of circa £559k in YE22, with an adjusted EBITDA of £206k.
- Management turnover of £668k in YE23, with an adjusted EBITDA of £252k.
- Turnover projected to reach £1.5m in YE24.
-Gross profit margin of 86%.
- Approximately 50% of turnover is derived from contracted income, providing the company with reliable streams of ongoing revenue. This currently stands at £328,000 and is consistently growing with new opportunities continuously being worked on.
- Includes the sale of the the company’s extensive e-library which has a significant value that can be discussed with the vendor.
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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