Featured Brokers
CONFIDENTIAL SALE
FOR SALE
12/04/24
609734
SEBB 109432 / Rightbiz
Dorset, UK
Asking Price:
£500,000
Sales Revenue:
£350,000
Cash Flow:
£130,000
Seize the opportunity to own a leading WiFi Installation Company based in Dorset, renowned for its innovative proprietary WiFi login system with a global subscriber base generating stable monthly revenue. Specialising in custom network solutions, this company also offers comprehensive ongoing maintenance services.
The adjusted EBITDA for last year was £130,000 .
Ideally, the new owner should be located within a 30-mile radius of Bournemouth to effectively manage the existing local client base, unless part of a larger nationwide organisation.
The business operates with a lean structure, consisting of the owner and subcontracted labour.
The current owner is willing to retain the existing offices, significantly reducing overheads and facilitating an easy transition of the business to a new location or its integration into an existing facility.
The client portfolio includes prestigious blue-chip companies and local government bodies.
The sale includes diverse revenue streams from its WiFi services, internet and VoIP provisions, hardware sales, and event connectivity solutions.
Additionally, the sale comes with a nearly new electric Mini and a high-specification pick-up truck.
The owner is selling to pursue other interests but is committed to a supportive handover period.
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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