Featured Brokers
CONFIDENTIAL SALE
FOR SALE
07/03/24
607897
155222 / Rightbiz
Operating nationally, the company provides HR consultancy and recruitment services to mobile operators and equipment providers, as well as being a global site engineering service supplier for an industry leading mobile equipment provider.
Priding itself on its extensive in-house expertise and large pool of candidates that have been approved by its core client, the company was the highest performing subcontractor on a large-scale project in Europe, and is now being requested to take part in numerous projects in other countries.
Our client is offering a 50% share sale to facilitate investment in geographical and business growth, and is open to all types of structured deals subject to terms.
Offers invited.
Key Highlights
- Ideal bolt-on or investment opportunity for a synergistic business to benefit from the company’s prestigious client base and strong industry standing.
- Cultural diversity within the company and willingness to travel gives it the ability to provide its services for any project around the world, including Africa, the Middle East, and Europe.
- Longest client relationship spans 14 years.
- Has recently received interest from another large mobile equipment provider via its excellent reputation. With further investment and resources, the company would be able to undertake a larger workload and actively pursue additional projects with new clients.
- UK headquarters with global growth opportunities through establishing regional or branch offices.
Financial Highlights
- Achieved a turnover of circa £800k in YE23 with an adjusted EBITDA of £180k.
- Forecast turnover of £3m for YE24.
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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