Featured Brokers
CONFIDENTIAL SALE
FOR SALE
07/03/24
607880
155696 / Rightbiz
Overview
Supported by an extensive database of over 2,500 suppliers and 25,000 products, the business offers cost-effective supply and procurement solutions to some of the largest names in the integrated FM business industry.
The Company supports building managers, maintenance companies, and facilities managers to identify, source, and supply equipment, fittings, and spares, ensuring the continued optimal operation of buildings, buildings’ users, and building systems.
As a preferred or approved supplier for some of the UK’s leading building maintenance companies, the business is a vital contributor to their continued growth and success, offering a bespoke and personal service by sourcing and supplying low-volume goods and equipment not stocked by major distributors.
Our clients are now offering the Company for sale to facilitate retirement plans.
Offers invited.
Key Highlights
- Supplies an extensive range of technical products in key areas such as electrical, fabric, health and safety, mechanical, office, and tooling.
- Operates across the UK working with clients in sectors such as commercial building management, FM, media industry research, retail, and logistics.
- Currently serves 15 active clients, all of which provide reliable streams of ongoing revenue.
- Highly knowledgeable and proficient team, comprising a purchasing manager, a sales co-ordinator, and an accounts supervisor.
- Operates from leasehold office premises with a small storage facility.
Financial Highlights
- YE23 turnover of circa £1.1m.
- Adjusted EBITDA of £234k achieved within the same year.
- Gross profit margin of 34%.
- Over the last three months, the Company has quoted £423k. Of these quotes, £244k has been ordered.
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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