CONFIDENTIAL SALE
FOR SALE
30/11/23
603337
155044 / Rightbiz
The company specialises in the design and construction of luxury residential lodges, with the client having complete creative control over the entire process.
Operating nationally, serving primarily private residential clients, the business has sold to over 150 clients since its inception.
The company is being offered for sale to facilitate the growth of the business under new ownership.
Our clients are open to all types of structured deals, subject to negotiations.
Offers invited.
Turnover in excess of £1.2 million in YE23.
15% increase in adjusted EBITDA from YE22–YE23.
Operates within a promising sector, as demand for residential lodges has increased exponentially with the post-pandemic shift to spending more time at home, working remotely, and the importance of family.
Benefits from its unique approach within the industry; to provide bespoke designs and engineering that are fully customisable, as opposed to being a volumetric manufacturer.
The business operates from a leasehold premises, owned by the shareholders. Ownership of the premises will be retained by the holding company, but the property can continue to be leased to a new owner, subject to negotiation.
Has won multiple awards from trusted construction and engineering enterprises.
Scope to recruit an internal sales team and an Office Manager to drive sales and increase turnover.
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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