Featured Brokers
CONFIDENTIAL SALE
FOR SALE
620393
156203 / Rightbiz
Based in Northern Ireland
Overview
Project Celerity is a highly regarded motorcycle accessory retailer with an international customer base.
Possessing excellent stocks of a variety of items, the business provides a comprehensive range of motorcycle products from leading brands across the globe. These include helmets, visors, clothing, parts, luggage, and dirt bikes.
All products are available via the company’s e-commerce website or in-store, where the business’s team of experts can fit an array of tyres and parts and provide advice on products, alongside servicing and repair work.
Our client is now offering the business for sale to facilitate their retirement plans.
Offers invited.
Key Highlights
- Maintains strong relationships with leading suppliers.
- International online presence, with sales deriving from the UK, Ireland, the USA, Canada, Australia, and Europe.
- Provides products to over 100 countries.
- Second-tier management team in place, supported by a highly skilled team of motorcycle experts and technicians.
- Operates from premises that feature a retail store, workshop, and warehouse. The premises are owned by the shareholder who is willing to negotiate a long-term lease agreement.
- Currently in discussions with a reputable brand to introduce heated motorcycle clothing to expand the company’s extensive product offering.
Financial Highlights
- YE24 turnover in excess of £5.5m.
- Adjusted EBITDA of £611k achieved within the same year.
- 85% of turnover is generated from e-commerce sales, with the business not reliant on any particular customers.
- Strong shareholder funds that have consistently grown since YE21.
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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