Featured Brokers
CONFIDENTIAL SALE
FOR SALE
611192
155915 / Rightbiz
Utilising its fleet of special-purpose LGVs and vans, the company offers UK and international domestic and business removals; short- and long-term storage solutions, including self-storage facilities; UK-wide collections and deliveries for single and multiple items; international freight forwarding; and national and overseas shipping from exhibitions.
The company has established a particular prominence within the art and antiques market, underpinned by the significant levels of in-house expertise required to pack and transport large, high-value and / or fragile pieces.
The business secures 58% of its revenue through export activities across Europe, North America and the rest of the world, with the remainder procured via UK-based removals, storage and multi-drop transport.
Our clients are now offering the company for sale to facilitate their retirement plans. Offers invited.
Key Highlights
- Works with a large international network of clients, which includes private individuals and sectors such as removals, interior design, art and antiques.
- Second-tier managers effectively oversee day-to-day operations with minimal input from the shareholders.
- Workforce includes multi-skilled removals operatives who possess LGV Class 1 licences and client-facing / team leadership skills.
- Operates from substantial leasehold premises. The centralised location provides easy access to the UK’s motorway network, as well as ports and airports to facilitate overseas shipping.
Financial Highlights
- Generated a YE23 turnover of £2.1m, with an adjusted EBITDA of circa £792k.
- Approximately 75% of clients reappoint the business for ongoing projects and repeat work.
- No individual client attributes to more than 4% of the annual revenue. Up to 96% of clients each only represent less than 0.5% of the turnover.
- Holds a vast asset register worth approximately £460k.
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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