CONFIDENTIAL SALE
FOR SALE
627298
157429 / Rightbiz
The business is a highly regarded provider of IT solutions for SMEs, particularly organisations without dedicated IT departments. The business offers a range of managed services, including IT support, internet and telephone connectivity, software licensing, and hardware supply.
The company takes a proactive approach, swiftly resolving issues before they impact clients, earning a strong reputation for its responsiveness and reliability.
The business is accredited by Cyber Essentials, is a 3CX Gold Partner with advanced verification, and a Microsoft Cloud Partner.
Offers its services to 125 active clients, 90% of which provide ongoing, reliable revenue.
Expecting to onboard a new client valued at Ā£50k per annum.
85% of sales are derived from existing clients, demonstrating strong client retention.
Not limited to any specific market sector and has effectively negated any particular industry downturns.
Experienced staff member in place who can operate the business on a day-to-day basis in the directors absence.
75% of revenue is derived from contracts.
Operates from shareholder-owned leasehold premises.
YE24 turnover of Ā£976k, with an adjusted EBIT of circa Ā£390k.
Average gross profit margin of 60% over the last three years.
Average operating profit of 36% over the last three years.
Our clients are offering the business for sale to facilitate further growth under the impetus of new ownership.
Offers invited.Ā
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 Ā£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 Ā£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 SolicitorThe data showed regarding this advert 'A managed IT services provider - 157429 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.