Featured Brokers
CONFIDENTIAL SALE
FOR SALE
09/04/24
609482
155550 / Rightbiz
The company specialises in high-quality injection moulding, precision engineering, toolmaking and design services.
The business offers unparalleled injection moulding services, utilising state of the art machinery and equipment.
The experienced design team at the company utilises advanced CAD packages for prototyping via 3D printing processes.
With decades of toolmaking expertise, the business employs a range of toolmaking processes such as spark erosion, wire erosion, CNC milling and turning.
Strong partnerships in place with organisations in China, India, and Poland, which allow the business to manufacture tools globally, if required.
Benefits from 66 active clients, all of which provide reliable repeat business.
The business primarily works alongside a multitude of blue-chip clients, the largest of which provides a substantial amount of recurring revenue valued at circa £400k.
High level of experience in the management team, which will be remaining within the business post-sale.
The company has a strong orderbook in place, valued at £544k.
The business operates from freehold premises. The property has seen substantial investment and allows the company to provide all of its services in-house and could be included in the sale, subject to negotiation.
Turnover of circa £2.5m.
Maintainable EBITDA of around £450k.
Cash-generative business with a strong balance sheet.
Offers invited.
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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