CONFIDENTIAL SALE
FOR SALE
21/08/23
518455
154599 / Rightbiz
The company supplies and installs window blinds, manifestation, graphics, and curtains for the commercial office fit-out market in London, the South East, and across the UK.
Priding itself on its comprehensive service o?ering to its well-established extensive repeat customer list, the company assists its customers with their own quoting for work, providing assistance with specifications, site surveys, and general advice on window and internal glass finishes.
The business is now being offered for sale to facilitate retirement plans.
Offers invited.
Key Highlights
- The current owner has had no desire in recent years to expand and grow the business due its healthy profitability at its current levels. Subsequently, there is vast scope to grow the business, should a new owner wish.
- Benefits from a large, loyal customer base with a high level of repeat custom.
- Many customer relationships span a decade or more.
- Strong second-tier management team in place.
- Utilises a selection of trusted manufacturers with which the company has built long-standing relationships.
- Operates from leasehold office premises based in South East England.
- Offering complementary products and a commercial online buying portal could expand the company’s customer base and increase sales.
Financial Highlights
The company supplies and installs window blinds, manifestation, graphics, and curtains for the commercial office fit-out market in London, the South East, and across the UK.
Priding itself on its comprehensive service offering to its well-established extensive repeat customer list, the company assists its customers with their own quoting for work, providing assistance with specifications, site surveys, and general advice on window and internal glass finishes.
The business is now being offered for sale to facilitate retirement plans.
Offers invited.
Key Highlights
- The current owner has had no desire in recent years to expand and grow the business due its healthy profitability at its current levels. Subsequently, there is vast scope to grow the business, should a new owner wish.
- Benefits from a large, loyal customer base with a high level of repeat custom.
- Many customer relationships span a decade or more.
- Strong second-tier management team in place.
- Utilises a selection of trusted manufacturers with which the company has built long-standing relationships.
- Operates from leasehold office premises based in South East England that could be easily relocated.
- Offering complementary products and a commercial online buying portal could expand the company’s customer base and increase sales.
Financial Highlights
- Turnover of £935 with an adjusted EBITDA of £262k.
- Projected increase in turnover of 39% between YE21 and YE24.
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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