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Maintenance Provider for Lab & Biological Equipment with £1.2m Forecasted Turnover for Sale

Undisclosed

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    10/10/23

  • Advert ID

    600880

  • Reference

    154990 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: Price on Application
  • Turnover: £950,000 (£18,269 Per week)
  • Net Profit: On request

Key Features

  • Offers Invited

Business Details

Provider of maintenance for biological and laboratory equipment

This is a trusted provider of biological containment and laboratory ventilation services for scientific, medical, and educational institutions.

The business has retained a competitive edge within the sector for its equipment repair services, offering a comprehensive range of solutions that can effectively meet evolving client requirements.

The company’s certified Engineers and ISO accreditations highlight its expertise and commitment to quality and safety.

Our clients are now offering the business for sale to facilitate retirement plans.

Benefits from more than 100 active clients, all of which provide reliable, repeat business.

The business has cornered a strong market, providing service and repair solutions that are niche within the sector.

Experienced, dedicated, and accredited workforce in place, with staff receiving consistent training.

Specialist high-value equipment assets; strong cross-industry network that consistently provides new work opportunities.

The company’s abilities and reputation place it in a prime position from which to take advantage of opportunities within the high-barrier-to-entry market.

Operates from leasehold premises.

Scope for growth through the purchase of a hugely valuable order book and client list.

YE22 turnover of £952k with an adjusted EBITDA of £519k.

The business is forecast to turnover £1.2m by YE23 with a strong EBITDA and net profit figure. 

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Stay Safe

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.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.'.

Stay Safe

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.

Stay Safe

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.

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The data showed regarding this advert 'Provider of maintenance for biological and laboratory equipment - 154990 / 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.