Featured Brokers
CONFIDENTIAL SALE
FOR SALE
15/01/24
605079
155465 / Rightbiz
The business is a specialist roofing company offering a comprehensive one-stop solution for domestic, commercial and heritage properties across South East England.
Services include repairs and maintenance of flat, tiled and slate roofing; installation of new roofs; chimney stack repair or removal; the installation of Velux windows; and cleaning, maintenance and replacement of gutters, soffits and fascias.
The shareholder is offering the business for sale to facilitate his retirement.
Offers invited.
Key Highlights
- Considerable experience of working on heritage buildings, with staff able to utilise traditional materials and techniques to complete complex repairs.
- Holds long-standing maintenance contracts with several blue-chip housing associations and property management companies, some of which span 16 years.
- Operates from leasehold premises.
- Expectations of growth in the new build market mean that business could increase by 50% by 2026.
Financial Highlights
- Turnover of £1.56m.
- Adjusted EBITDA of £413k.
- Average gross profit margin of 47%.
- Existing maintenance agreements with several property management companies are expected to generate up to £2m during 2024.
- Going into the remainder of YE24, the business has secured circa £325,000 of work.
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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