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CONFIDENTIAL SALE
FOR SALE
618313
An established fire, security, and CCTV business, centrally located in South London, is currently available for purchase. This business primarily specializes in fire system installations and holds prestigious industry accreditations including BAFE SP203, SAFE CONTRACTOR, and SSAIB. This speaks to a high standard of service and recognized compliance with industry best practices.
The business has built strong professional relationships and currently has access to significant contracts with hotels, large construction companies, and both local and national service industries. It currently operates with a small team, which includes the owner and another employee, ensuring hands-on attention to detail and streamlined service for clients.
The enterprise is also equipped with a leased electric van until 2024 enhancing mobility and efficiency. The financials of this business illustrate steady growth with a turnover of £162,000 for the year ending 2023, spiking to £337,000 by the end of 2024.
This business opportunity is primarily positioned as a home-based operation. The asking price is open to negotiation, while assuring valuable inclusions such as all stocks. Along with the promising turnover, the business successfully maintains a profit margin of £100,000. Detailed accounts will be available to ensure a transparent purchase process.
The business is not tied to a lease, providing you with the flexibility to move or expand as you see fit. We welcome interested parties to initiate offers and pursue this exceptional business opportunity in the alarms and security industry.
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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