CONFIDENTIAL SALE
FOR SALE
625169
156164 / Rightbiz
The company is a well-established and respected supplier of structural steelwork, predominantly working with prominent construction companies on projects across Southern England.
Owing to the extensive expertise held by its team, the company is able to dependably manage every aspect of its clients’ steel requirements, possessing the skills and expertise to manage complex projects of all sizes.
Our client is now offering the company for sale for sale as part of their retirement plans, whilst ensuring that the business continues to thrive under new owners.
Offers invited.
Key Highlights
- Benefits from a loyal, long-standing client base, including residential and commercial construction companies, as well as structural engineers and steelwork companies.
- The company has an excellent reputation and enjoys a high volume of repeat custom, accounting for 90% of turnover in the last year.
- Undertakes a broad range of projects, utilising a comprehensive fleet of machinery, including cranes, cherry pickers and telehandlers, and a dependable network of subcontractors.
- Operates from well-connected rented premises based in South England, supporting the efficient delivery of services across the region.
Financial Highlights
- The company achieved turnover of £2.2 million in YE23, with an adjusted EBITDA in excess of £410k.
- Owns a wealth of assets, including plant, machinery, equipment and vehicles collectively costing over £1 million.
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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