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CONFIDENTIAL SALE
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618378
156231 / Rightbiz
Based in Northern England
Overview
Project Saturn manufactures, imports, and exports an extensive range of electrical products.
The company’s primary products comprise 240v electrical wiring accessories, switches, and sockets, all of which are sold under the business’s brand name.
The business places great emphasis on quality and reliability, ensuring all items comply with the latest European and British standards.
With an expansive inventory comprising thousands of products, the company is constantly liaising with the electrical marketplace, developing ideas and new products in line with the ever-changing needs of the wholesaler and end user. This has led to an enviable and long-standing client base across the globe.
Our clients are now offering the business for sale to facilitate retirement plans.
Offers invited.
Key Highlights
- Has won numerous industry awards.
- Operating within the electrical industry, the company enjoys high client retention rates and long-standing relationships.
- Currently serves circa 200 clients, 75% of which provide reliable streams of ongoing revenue.
- Benefits from a host of blue-chip, multinational clients.
- Operates from office and warehouse premises, which are owned by our clients and leased to the company.
- Robust and highly skilled workforce in place, including an experienced and dedicated second-tier management team.
- Has invested in own tooling and third-party testing in partnership with its factory. Exclusive distributor arrangement in the UK and Ireland.
Financial Highlights
- YE23 turnover in excess of £6.5m.
- Adjusted EBITDA of £840k achieved within the same year.
- YE24 projections indicate a turnover of circa £6.4m, with an adjusted EBITDA of £676k.
- Average gross profit margin of 39% between YE20 and YE23.
- Project pipeline in excess of several million pounds.
- The company’s primary products generate circa 70% of revenue.
Inventory of over 4,000 products.
exports an extensive range of electrical products.
The company’s primary products comprise 240v electrical wiring accessories, switches, and sockets, all of which are sold under the business’s brand name.
The business places great emphasis on quality and reliability, ensuring all items comply with the latest European and British standards.
With an expansive inventory comprising thousands of products, the company is constantly liaising with the electrical marketplace, developing ideas and new products in line with the ever-changing needs of the wholesaler and end user. This has led to an enviable and long-standing client base across the globe.
Our clients are now offering the business for sale to facilitate retirement plans.
Offers invited.
Key Highlights
- Has won numerous industry awards.
- Operating within the electrical industry, the company enjoys high client retention rates and long-standing relationships.
- Currently serves circa 200 clients, 75% of which provide reliable streams of ongoing revenue.
- Benefits from a host of blue-chip, multinational clients.
- Operates from office and warehouse premises, which are owned by our clients and leased to the company.
- Robust and highly skilled workforce in place, including an experienced and dedicated second-tier management team.
- Has invested in own tooling and third-party testing in partnership with its factory. Exclusive distributor arrangement in the UK and Ireland.
Financial Highlights
- YE23 turnover in excess of £6.5m.
- Adjusted EBITDA of £840k achieved within the same year.
- YE24 projections indicate a turnover of circa £6.4m, with an adjusted EBITDA of £676k.
- Average gross profit margin of 39% between YE20 and YE23.
- Project pipeline in excess of several million pounds.
- The company’s primary products generate circa 70% of revenue.
Inventory of over 4,000 products.
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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