Featured Brokers
CONFIDENTIAL SALE
FOR SALE
13/07/23
516573
148829 / Rightbiz
The company is an independent supplier of lighting, staging, vision, sound
equipment and technical services to a diverse range of clients throughout the UK.
Working closely with clients, the company offers impartial, honest advice, leading to strong client relationships.
Our clients are offering the business for sale to facilitate continued growth under the impetus of a new owner.
Offers invited.
Key Highlights
- Supplies equipment and technical support for events (live, virtual and hybrid),
conferences, weddings and exhibitions, as well as offering AV hire and venue
support.
- All equipment and workmanship are covered by warranty.
- Has over 1,300 clients, with a large number providing reliable, repeat business
on an ongoing basis.
- Serves clients in the private, leisure, education, corporate and public sectors.
- Operates from leasehold premises in the North West.
- Daily operations can be run with minimal director input – candidates are available to take on greater responsibilities within the company.
- Large market with huge scope for growth.
Financial Highlights
- Generated pre-pandemic turnover of £625k in YE20.
- Achieved post-Covid-19 turnover of £810k in YE23.
- Established in 2009, showing consistent growth every year (excluding during Covid-19)
- High asset value – all equipment is kept regularly updated and is owned outright.
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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