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CONFIDENTIAL SALE
FOR SALE
623904
152730 / Rightbiz
Financial Highlights:
YE24 turnover of £9.1m with an adjusted EBITDA of c£910k.
Average gross profit margin of 37% over the last four financial years. Â
Strong balance sheet with shareholder funds in excess of £3.1m.
Overview:
Benefitting from a wealth of technical knowledge and utilising state-of-the-art machinery, the company specialises in the manufacture of timber products, particularly windows, doors, staircases and cabinets, for commercial and domestic clients.
Throughout its time in operation, the company has continually invested in its machinery and facilities. It currently utilises six CNC machines and has installed paint and drying shops to enable it to offer a complete in-house solution.
Our clients are offering the business for sale to facilitate the managing director’s retirement plans.
Offers invited.
Key Highlights:
Current pipeline of confirmed orders is worth £3.5m.
All products are certified by FENSA, the PEFC and the FSC, and all of its windows and doors have current U-value calculation certificates.
90% of clients provide reliable, repeat business on an ongoing basis.
Maintains strong, long-standing relationships with clients, several of which now span over 10 years.
Operates from 43,500 sq ft leasehold premises, which can be included in the sale on a rental or freehold basis.
Built up an experienced and knowledgeable management team, which is able to effectively manage and grow the business independently.Â
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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