Featured Brokers
CONFIDENTIAL SALE
FOR SALE
27/03/24
608882
146816 / Rightbiz
Maintaining a fully stocked warehouse, the company provides a wide range of oak stair parts, mouldings, joinery parts, doors and flooring.
Products can be designed and manufactured in-house to bespoke client requirements.
The company prides itself on providing a full turnkey operation, from initial product planning through to final manufacture and distribution.
Our clients are now offering the company for sale to facilitate plans for emigration.
Offers invited.
Key Highlights
- Manufactures some products through the use of in-house machinery, to be included in the sale.
- Utilises a comprehensive e-commerce website, with differing pricing options available in pounds, euros and dollars.
- Works with domestic and commercial clients throughout the UK, with currently circa 119,000 active clients.
- Highly experienced in-house production team, consisting of joiners, machinists and sanders.
- Strong second-tier management team, with key members of staff able to assume directorial roles post-sale with additional support.
Financial Highlights
- Projected YE23 turnover of £2.8 million with an adjusted EBITDA of £586,000.
- Turnover in excess of £3 million expected to be achieved during YE24.
- Complementary new products have recently been introduced, with this expected to significantly increase future 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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