Featured Brokers
CONFIDENTIAL SALE
FOR SALE
26/09/23
600248
154613 / Rightbiz
The company is a long-established provider of cleaning, hygiene, and safety products, as well as PPE and workwear to a variety of sectors, primarily on a wholesale basis; the company also operates a retail trade counter that accounts for a small proportion of sales.
Award-winning business that has developed a large, loyal customer base through providing high-quality products and an efficient, friendly, personal service. The company is flexible in meeting customer requirements and sources products based on demand.
The company is now being offered for sale to facilitate our clients’ exit strategy and enable them to realise the assured value of the business.
Offers invited.
Key Highlights
- Operating predominantly regionally for over five decades.
Serves the education, healthcare, cleaning, engineering, industrial, automotive, hospitality, leisure, restaurant, and food manufacturing and processing sectors.
- Achieves a high customer retention rate, with the longest customer relationship spanning 45 years.
- Strong second-tier management team in place.
- Operates from freehold premises situated on an long-leasehold acre of land.
- Vast scope for geographical expansion through online ordering and increased marketing activities.
- Operates within a marketplace that is resilient to fluctuations in the economy, as its products are considered workplace necessities.
Financial Highlights
- Achieved a turnover of £3.3m with an adjusted EBITDA of £550k.
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
The data showed regarding this advert 'A Provider of Workwear, Cleaning, Hygiene, and Safety Products - 154613 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.