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CONFIDENTIAL SALE
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617047
156642 / Rightbiz
Operating to NSI Gold standards, the company provides all-encompassing security solutions, covering the design, installation, commissioning, maintenance and monitoring of intruder, fire, CCTV and access control systems.
The business’s supplier network enables it to offer the latest security technologies, while associated partners deliver keyholding and manned guarding to advance the service offering.
Our clients are offering the company for sale to facilitate their retirement plans. Offers invited.
Key Highlights
- Also accredited by SafeContractor, CHAS and ISO 9001:2015.
- Annual and bi-annual testing, as well as general maintenance, account for circa 40% of the revenue.
- Works with commercial, retail, engineering, public sector and private clients throughout the UK.
- Has been approached to operate as the main nationwide provider for two retail clients, with which the business already has relationships.
- Operates from leasehold premises; could be operated remotely or relocated.
Financial Highlights
- Generated a YE23 turnover of £571k, with an EBITDA of £150k.
- Projected to at least match YE23’s turnover in YE24.
- Over 720 active service contracts in place, including with blue-chip clients operating multiple premises.
- 75% of revenue generated from existing relationships, owing to ongoing installation, maintenance and monitoring work as clients’ portfolios expand.
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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