Featured Brokers
CONFIDENTIAL SALE
FOR SALE
16/01/24
605143
155423 / Rightbiz
The company offers business growth consultancy services, working with insurers, MGAs, brokers, software houses, marketing, and events organisations of all sizes to assist with driving change and growth, through offering creative, experience-led support and guidance with a strong emphasis on using evidence and tangible plans to achieve great outcomes.
As an established and respected brand priding itself on its best-in-class domain knowledge, reputation, and expertise across a number of sectors, the company embraces digital technologies to provide vast depth and breadth of practical application of its advice, guidance, and recommendations.
The business is now being offered for sale to facilitate growth under the impetus of new ownership.
Offers invited.
Key Highlights
- Advisor of Choice to a growing number of market-leading brands.
- Has evolved from a contract-by-contract model to a recurring revenue dominated model, providing ongoing, reliable income.
- Large, loyal client base that includes a range of organisations across the vertical insurance market.
- An individual has been identified that could be coached to take over the Director’s role upon completion, if required.
- Has recently branched out into other vertical markets, including shipping and logistics, digital events, and talent development and optimisation.
- Time and resources have been invested in putting infrastructure in place to scale the business so that it is poised to capitalise on extensive opportunities.
Financial Highlights
- Turnover of circa £150k achieved in YE23, with an adjusted EBITDA of £115k.
- Large potential deal pipeline in place worth circa £705k.
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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