Featured Brokers
CONFIDENTIAL SALE
FOR SALE
09/04/24
609502
155388 / Rightbiz
The company specialises in the supply and installation of passive fire protection systems, offering a comprehensive service from tender and fire building survey through to project completion.
Products and services include intumescent paint protection, fire stopping and air sealing, fire barriers, fire curtains, and fire board encasement.
As an approved installer for many of the UK’s leading fire protection manufacturers, all of the company’s work and turnover is based on repeat business.
The business is now being offered for sale to facilitate retirement plans.
Offers invited.
Key Highlights
- Third-party accredited by the BRE Group Loss Prevention Certification Board.
- Has a preferred supplier agreement in place with a well-known facilities management organisation, which enables the company to work with many prestigious businesses.
- Benefits from a wide-ranging and diverse client base across a number of industries, including construction, refurbishment, education, pharmaceutical, and healthcare, with 18 clients providing regular, repeat business.
- Operates from easily relocatable leasehold premises.
- Could benefit from recruiting an additional contracts manager to enable the company to undertake a larger workload, as well as a sales assistant to bring in new work.
- Ideal acquisition opportunity for an existing synergistic organisation, such as a building facilities management provider.
Financial Highlights
- Achieved a turnover of circa £700k in YE23 with a gross profit of £250k.
- Large pipeline of works in place worth an approximate total of £715k.
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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