CONFIDENTIAL SALE
FOR SALE
01/08/23
517417
IK287 / Rightbiz
Long-time established healthcare interior shopfitting specialist
Location: Scotland
Asking Price: £275,000
Turnover: £1,100,000
Net Profit: £91,000
Asking Price Includes:
Turnover of c. £1,100,000.
Gross Profit of c. £152,000.
60 years combined trading experience.
NHS fully approved contractor.
Virtual awards winner, Scotland, 2021.
Health facilities Scotland approved contractor.
Significant forward order book.
A superb web presence.
Introduction:
Turner Butler has been appointed to invite offers of purchase of the assets and goodwill of this very long established limited liability partnership, which specialises in healthcare interior shopfitting.
Business Profile:
The business has been transforming dental practices, pharmacies, doctor’s surgeries and Hearing Clinics throughout Scotland for many years.
Customer Service:
The business prides itself on exemplary customer service. This is borne out by long standing relationships with a loyal and trusting customer base.
Key Strengths:
Sixty years of combined experience in transforming dental practices, pharmacies and doctor’s surgeries, this award winning team is at the forefront of design and innovation for all healthcare environments. They offer a complete design, build and project management service.
Financial Performance:
The goodwill in the partnership is being offered for sale on a going concern basis. All financial discussions will take place directly between the vendors and all interested parties under the auspices of Turner Butler.
Turnover c. £1,100,000
Gross Profit: £152,000
Adjusted net profit c. £91,000
Growth and expansion:
All growth in this award winning business has and will continue to be organic.
Reason for Sale:
Retirement
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
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