Featured Brokers
CONFIDENTIAL SALE
FOR SALE
10/08/23
517883
154486 / Rightbiz
Operating across the UK and Europe, the company offers flexible haulage and freight management service for clients across multiple sectors, specialising in pharmaceuticals, events and aerospace sectors.
The Company prides itself on providing an efficient, reliable and flexible service, combining a standard freight offering with specialist options to ensure consignments reach their destination safely and on schedule. It also provides the transportation of temperature-sensitive, hazardous or dangerous products, including pharmaceuticals and food samples.
The sale will include the company’s fleet of regularly serviced vehicles and trailers, which has a combined value of circa £650k.
The Shareholders are offering the company for sale as they believe the time is right for a new owner to take it to the next level.
Offers invited.
Key Highlights
- Caters to blue-chip clients across a diverse range of sectors, including the aerospace, automotive, pharmaceuticals, food and beverage, events and retail industries.
- Benefits from a high volume of repeat business, with some relationships spanning 10 years.
- Experienced second-tier management team in place.
- Operates from leasehold premises close to the UK channel tunnel terminal, and the port of Dover.
- In an excellent position to benefit from continued work related to sporting and music events, with scope to develop new relationships within this sector.
Financial Highlights
- Turnover of £5.2m, with an adjusted EBITDA of £794k.
- Management turnover of £4.5m in YE23, with an adjusted EBITDA of £720k.
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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