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CONFIDENTIAL
FOR SALE
618742
156046 / Rightbiz
The company is a trusted supplier of construction products, serving as a one-top solution for professional contractors and private individuals.
The product portfolio includes paint, electrical components, building materials, Calor Gas, plumbing products, and a wide selection of tools.
The business has maintained long-standing relationships with leading industry suppliers, allowing it to retail top-tier brands such as Crown, DeWalt, Stanley, Leyland and Dulux.
The company has built a robust foundation and now presents a unique opportunity to acquire a well-established business with strong supplier connections, broad customer base and significant growth potential.
Our clients are now offering the company for sale to facilitate unrelated business endeavours. Offers invited.
Key Highlights
- Member of the National Merchant Buying Society.
- Supplies products to tradespeople, also experiencing a steady stream of custom from private individuals.
- Approximately 90% of customers return to the shop for subsequent purchases.
- Personnel boast in-depth product knowledge, facilitating the provision of tailored project advice for each customer; this has played a major role in customer retention, with some relationships spanning over a decade.
- Operates from ideally located leasehold premises, facilitating easy access for customers and deliveries.
Financial Highlights
- Generated a YE23 turnover in excess of £2m, with an adjusted EBITDA of £222k.
- 20% increase in turnover between YE21 and YE23.
- Year-on-year increase in shareholder funds; 20% growth from YE21 to YE23.
- Customer accounts attribute to circa 30% of its turnover.
- Benefits from a diverse customer network, with no individual account generating more than 5% of the overall turnover.
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
The data showed regarding this advert 'Builders’ merchant - 156046 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.