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CONFIDENTIAL SALE
FOR SALE
616935
156598 / Rightbiz
The company provides a diverse range of surveying and geospatial services, including topographical highway surveys, measured building surveys, BIM scanning, underground utility mapping surveys, CCTV drainage surveys, GIS mapping and analysis, and borehole clearance surveys.
Operating nationwide, the company has been designed to act as a one-stop shop for all surveying requirements, with services covering topographical surveys, measured building surveys and CCTV drainage surveys under one banner.
The shareholders are offering the business for sale to facilitate their long-term exit plans and changes to their lifestyles.
Offers invited.
Key Highlights
- Works with a database of over 1,600 clients in the civil engineering, architecture, property development and landscape design sectors, benefitting from strong relationships with blue-chip clients.
- Additional revenue is generated by public sector bodies, local councils and private homeowners.
- Receives a steady stream of repeat business from its client base, with some of its longest standing relationships spanning a decade.
- Experienced second-tier management team in place.
- The two directors would be willing to remain with the business in some capacity post-sale, subject to the deal structure presented.
- Operates from leasehold premises.
Financial Highlights
- YE24 turnover of £1.1m, with an adjusted EBITDA of £344k.
- Pipeline of upcoming projects is currently valued at circa £500k, primarily comprising several major projects for long-standing clients.
- Expects to undertake a lucrative project involving the provision of surveys for 1,000 sites across the UK, with scope to generate £750k per each small survey area.
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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