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CONFIDENTIAL SALE
FOR SALE
606662
155530 / Rightbiz
Overview
Project Echo invents, designs, and manufactures racking systems for the transport of vehicles into shipping containers for worldwide distribution.
All products are designed for safety and longevity, and are highly recyclable, reducing the detrimental impact of more traditional wood packing methods.
Demonstrating its commitment and attention to detail, all racking systems are approved by Bureau Veritas or China Classification Society.
Operating for over 20 years, the business has developed an impressive market share and has built strong relationships with some of the largest vehicle manufacturers across the world.
Having built up a highly reputable business, our clients are offering the company for sale to facilitate semi-retirement plans and encourage growth under the impetus of new ownership, with both shareholders willing to remain within the business for a negotiable handover period.
Offers invited.
Key Highlights
- All designs are patent protected.
- Broad client base including OEMs, shipping lines, logistics companies, and RoRo carriers.
- Operates across six–seven continents, with large current orders in Asia, Africa and Europe.
- Operates from leasehold headquarters in the West Midlands, on a rolling contract, making the business easily relocatable.
- Strong, long-standing relationship with supplier.
- An ideal acquisition for a major logistics business in the shipping, rail, port, or manufacturing sectors that can effectively exploit the exclusivity of the company’s current position and take up a significant strategic and commercial advantage.
Financial Highlights
- Generated a turnover of circa £2.7m in YE23.
- EBITDA of £718k achieved within the same year.
- Gross profit margin of 43%.
- YE24 management accounts show a turnover in excess of £3.6m.
- Has numerous upcoming projects from several contracts which is expected to generate the company with up to £11m through to 2025.
- Currently works closely with 55 active clients; 47% of clients provide reliable streams of ongoing revenue.
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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