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CONFIDENTIAL SALE
FOR SALE
612657
155390 / Rightbiz
The company provides precision engineering and manufacturing services internationally, including consultations at the research and development stage, CNC turning, CNC milling, and finishing.
Benefitting from extensive capacity and capabilities, the company offers first batch production through to full-scale production, working with the latest CAD-CAM software. The business focuses on communication, resource planning, methodology, and strategies to achieve maximum efficiency and cost-effectiveness, consistently striving to learn and adopt the latest techniques and technologies.
The company is now being offered for sale to facilitate growth under the impetus of new ownership.
Our clients are open to all types of structured deals, subject to terms.
Offers invited.
Key Highlights
- Serves a wide-ranging and diverse B2B client base, including those across the industrial printing, science and biotech, IT, environmental, thermal imaging, and high-end audio sectors, amongst many others.
- Utilising existing equipment more efficiently and increasing the unmanned automated production side of the business will facilitate ongoing growth.
- Could suit an acquirer whose existing organisation offers complementary services such as sheet metal fabrication, electronics manufacturing and in-house manufacturing of own products.
- Has developed a workforce that comprises a strong team of talented individuals with a vast range of experience across various disciplines, all of whom are on board with the company’s vision and values.
- Operates from leasehold premises based in the east of England.
Financial Highlights
- Achieved a turnover of £2.8m in YE22 with an adjusted EBITDA of £710k.
- Outturn of £2.4m in YE23 and projected turnover of £2.7m for YE24.
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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