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CONFIDENTIAL SALE
FOR SALE
618244
155682 / Rightbiz
Project Ashby undertakes end-to-end principal contracting services for projects of all sizes throughout Scotland, from small, private works to large-scale developments.
Solutions include plant transportation; drilling, blasting and crushing; grading and rolling; roadworks; bridge and recreational walkway installation and maintenance; and access and crane pad installation at renewable energy sites.
Our clients are now offering the company for sale to realise the assured value of the existing business, while facilitating further growth using the resources of a new owner. Offers invited.
Key Highlights
- Accredited by CHAS and registered with the Achilles UVDB.
-Works with clients across the forestry, estate management, renewable energy, civil engineering and building contracting industries.
- Strong client loyalty; over 98% of revenue generated by existing relationships with blue-chip organisations.
- Operates from office and yard premises owned by a shareholder that can be included in the sale on a leasehold or freehold basis.
- Has offered plant hire solutions on an ad hoc basis, presenting scope to further utilise its assets and generate another revenue stream.
Financial Highlights
- Generated a YE23 turnover of £4.49m, with an adjusted EBIT in excess of £800k.
- YE24 outturn turnover of £4.6m and adjusted EBIT of circa £1m.
- Average gross profit margin of 62% between YE20 and YE23.
- Owns all of the assets used for hire and contracting activities; the equipment and vehicles register holds a value in excess of £3.1m.
- Recently secured a four-year contract; the total spend will be between £12.5m and £16m, increasing the business’s annual turnover by circa £3m for the duration.
- Other contracts in place include maintenance agreements with renewable energy clients, as well as a £20m three-to-four-year contract.
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
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