CONFIDENTIAL SALE
FOR SALE
622442
157022 / Rightbiz
The company focuses on the exclusive design of toys and gifts for children aged 2-10 years, using recyclable materials and avoiding use of plastics or technology. The company has over 250 product lines.
Priding itself on its sustainable practices, innovation, and unique, modern design and illustration, the company has developed a globally recognised brand, with products distributed to over 40 countries.
The business is now being offered for sale to facilitate accelerated growth under the impetus of new ownership.
Offers invited.
Key Highlights
- Operates primarily on a B2B basis.
- Vast potential to grow current B2C sales by focusing on e-commerce, with domains held in both the UK and the US.
- Has developed strong relationships with a large number of prestigious retailers across the UK and internationally.
- Is aiming to increase its product lines by circa 70-80 SKUs per annum to continue to keep the brand fresh and encourage business growth.
- Extensive opportunity to introduce complementary product groups.
- Restructuring and strengthening the company’s UK sales team, as well as appointing a head of global sales, would facilitate further development.
- Operates from leasehold premises.
Financial Highlights
- Turnover of £4.2m in YE24, with an adjusted EBITDA of circa £570k.
- Sales growth of 12% in the current calendar year.
- Overheads managed to less than 25% of 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
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