CONFIDENTIAL SALE
FOR SALE
28/02/24
607548
155584 / Rightbiz
The company is a provider of scaffolding hire and erection services, catering to a diverse client base in South East England. The company covers a range of projects, including domestic and commercial properties, listed buildings and sites with restricted access or overlooking pedestrian areas.
Offering a one-stop service, the company provides delivery, erection, dismantling and collection services, with planning, design and calculation provided on request.
The shareholders are offering the company for sale to facilitate their retirement.
Offers invited.
Key Highlights
- Operates according to strict health and safety policies, with stage handover certificates issued on all contract projects and a number of industry-recognised accreditations.
- Caters to commercial and domestic clients, with approximately 20 regular clients providing regular business, with some relationships spanning 20 years.
- One of the shareholders is willing to remain with the company to facilitate its continued growth.
- Operates from leasehold premises.
Financial Highlights
- Turnover of £1.3m, with an adjusted EBITDA of £422k.
- Highly profitable, with its gross margin over the last few years averaging 53% and its turnover regularly exceeding £1m.
- Strong forward order book, with the company benefitting from a variable stream of recurring 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
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