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CONFIDENTIAL
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625483
157548 / Rightbiz
The company is a provider of insurance reinstatement services following fire, flooding, subsidence or other property damage, catering to residential, commercial and public-sector properties across the Midlands, Northern England and Wales.
The offering covers repairs to all electrical, plumbing and heating services; plastering, painting and decorating; joinery; roof repairs and replacement, including the provision of access equipment; door and window repairs; and floor covering replacement.
The shareholders are offering the business for sale to facilitate their retirement.
Offers invited.
Key Highlights
Carries out work for 10 clients, catering to the residential, commercial and public sector.
Work is primarily generated from a long-standing client network, with 85% of all revenue derived from dependable sources, and some client relationships spanning 18 years.
The insurance market is buoyant, with the highest number of claims on record being paid out in 2024, due in part to unexpected damage from inclement weather.
Run by an experienced second-tier management team, with no reliance on the owner.
Operates from leasehold premises.
Financial Highlights
Generated a turnover of £2.1 million in YE25, with an adjusted EBITDA of £530k.
Has experienced a 20% increase in turnover and an 89% increase in adjusted EBITDA between YE22 and YE25.
Generates £1m per annum from a strong relationship with a leading insurance provider.
Strong WIP and pipeline of future works, with upcoming projects exceeding £1.8 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
Get Solicitor
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