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CONFIDENTIAL SALE
FOR SALE
618347
154772 / Rightbiz
Operating internationally, the company offers the development, hosting, and maintenance of electronic document management software. The business provides maintenance contracts, licences, installation, and training for its software.
The company’s Microsoft-based software has exceptional user interface and functionality qualities that have been continually developed throughout its time in operation, in accordance with changing client requirements.
Ideal for a buyer looking for an opportunity to enter the Document Management Market with a strong product and outstanding customer references.
The company is now being offered for sale to facilitate retirement plans.
Offers invited.
Key Highlights
- Serves a wide-ranging and diverse client base of circa 230 active clients, all of whom provide repeat business through hosting or maintenance contracts and agreements.
- Highly experienced team in place that can carry out many daily operations with minimal oversight.
Shareholders have offered to provide a negotiable handover period.
- Operates from freehold premises that are included in the sale.
Ideal bolt-on opportunity.
- Continuing to migrate existing clients to the latest software upgrade and cloud platform could considerably increase recurring revenue.
- With additional resources and sales staff, the company could reach a larger audience and expand its client base significantly.
Financial Highlights
- Turnover of £646k in YE24 with an adjusted EBITDA of £122k.
- Forecast turnover of £700k in YE25 with an adjusted EBITDA of circa £104k.
- Strong pipeline of work in place that will generate ongoing annual revenue.
- Premises hold a value of £250k.
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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