Featured Brokers
CONFIDENTIAL SALE
FOR SALE
18/03/24
608395
155075 / Rightbiz
Overview
- Featuring its own in-house fabrication workshop, the group specialises in the thermal insulation of piping, ductwork, vessels, and tanks.
- Operating for over 20 years, the group has gained a multitude of accreditations and has become a leading insulation contractor, with its sales territory extending internationally.
- Having gained an excellent reputation within the industry, our client is now offering the group for sale to facilitate retirement plans.
- Offers invited.
Key Highlights
- Predominantly works with clients in the manufacturing, education, health, and construction sectors.
- Achieved improved operations by utilising the latest metal cladding technology.
- SafeContractor accredited.
- Operates from office and workshop leasehold premises.
- Utilises a highly experienced and skilled team of subcontracted site installers to facilitate the completion of projects nationally and internationally.
Financial Highlights
- Management figures and statutory accounts indicate a combined turnover of circa £948k for YE23.
- Combined EBITDA of 124k achieved within the same year.
- Due to start its second phase on a project for a building material supplier worth £312k.
- The company has started an insulation project for a prison refurbishment valued at £234k
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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