Featured Brokers
CONFIDENTIAL SALE
FOR SALE
07/05/24
610934
155875 / Rightbiz
The company offers a comprehensive range of motorcycle helmets, clothing and accessories, catering to a diverse range of clients on a B2B basis.
With an established helmet brand in its portfolio, it offers a broad range of models at various price points, delivering visual appeal through the use of graphics and solid colours, along with high-levels of consumer safety and several unique features.
The company developed long-standing relationships with suppliers and manufacturers in Asia, which facilitates the import of ECE22.06-approved helmets into the UK. There is a high cost to entry for helmet manufacturers, so there are only a limited number. As such, these relationships are an asset to our clients.
The shareholders are offering the business for sale as they wish to explore unrelated business opportunities.
Offers invited.
Key Highlights
- All clothing, boots and gloves have been certified to CE standards following rigorous chemical, rip/tear, seam strength, abrasion and impact testing. This requirement presents a significant barrier to any new entrants wishing to enter the market.
- Currently works with 600 active customers who provide regular repeat business, with some relationships spanning 15 years.
- Experienced sales team in place to facilitate ongoing customer relationships.
- Operates from leasehold premises.
Financial Highlights
- Turnover of £665k achieved in YE23.
- Adjusted EBITDA in excess of £60k achieved in the same year.
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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