Featured Brokers
CONFIDENTIAL SALE
FOR SALE
22/04/24
610132
155579 / Rightbiz
The company provides the design, manufacture, and installation of specialist architectural, secondary, and structural steelwork.
Its offering, established reputation, and cross-sector offering facilitates regular work and protection from economic downturns.
The company provides its services for a wide range of prominent blue-chip businesses in the construction industry.
Its presence on approved supplier databases allows for regular work through the tendering process, aiding future planning and a streamlined operation.
The company is offered for sale as our clients plan to explore new ventures and the business is primed for further growth and expansion.
CE 1090, CHAS, Achilles, Constructionline Gold and Acclaim-accredited.
Benefits from a wide range of blue-chip clients across the UK, with high rates of repeat business.
Utilises a BSI-audited in-house factory production system.
Skilled and experienced workforce with second-tier management in place and a low staff turnover rate.
Director willing to assist with handover period.
Operates from leasehold premises; also owns an investment property that could be included in the sale.
Turnover in excess of £1.4m in YE23.
Adjusted EBITDA of over £759k achieved in the same year.
Strong, consistent workload proven. Client advises that despite works generally being of a fast turnaround or short time frame nature, a pipeline of over £1m revenue has already been secured.
Robust gross profit margins averaging 65% over the last four years.
Extensive asset register including equipment and investments worth circa £560k to facilitate further growth and expansion.
Strong and consistent historic performance with profit ratios exceeding synergistic businesses in the sector. Covid-19, focused investment for future growth, and investment property significantly impacted results for YE22.
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
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