Featured Brokers
CONFIDENTIAL SALE
FOR SALE
01/02/24
606066
155432 / Rightbiz
The company is a reputable provider of audiovisual solutions across the UK, operating between two divisions; AV consultancy and AV Design, installation, and support.
Its portfolio of solutions also includes CAD services, programming, project management, maintenance, and complementary furniture products.
The business provides its services to a diverse range of clients, including investment organisations, breweries, fit-out contractors, and educational institutions.
Our client is now offering the business for sale to facilitate further growth under the impetus of new ownership; however, they have also indicated they are willing to remain with the company post-sale.
Offers invited.
Generated a turnover of in excess of £1.3m in YE23, with an adjusted EBITDA of £310k.
In discussion with numerous clients for proposed projects, worth circa £250k.
The company was impacted by Covid-19 restrictions in YE21 and YE22; however, it quickly recovered following the removal of restrictions.
Benefits from high client retention rates, with 45 blue-chip clients, 60–70% of which provides reliable, repeat income.
Several client maintenance contracts secured, accounting for 5% of annual turnover.
Long-standing relationships cultivated with industry manufacturers, enabling the company to provide traditional and contemporary furniture.
Fully relocatable opportunity.
Significant potential to expand internationally.
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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