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CONFIDENTIAL SALE
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630252
157825 / Rightbiz
Project Antares is a provider of cremation and memorial services provider, with its bespoke offering aided by an established local network of funeral directors and religious and secular organisations
The group is also notable for being a pioneering manufacturer of electric cremators, and has recently established an in-house funeral director service to become a comprehensive provider within its industry.
To complement its core offering, the business also offers expert guidance on repatriation and manages all aspects of the process.
Our clients are now offering the company for sale to facilitate further development under the impetus of new ownership.
Offers invited.
Generated a turnover of £1m in YE24, with an adjusted EBITDA of £616k.
Consistent operating profit margin averaging 61% over the last three years.
Operates within a buoyant industry, which is anticipated to increase at a CAGR of 5.6% over the next five years.
Developed strong, long-standing relationships with funeral professionals in the region.
Established long-standing relationships with third-party suppliers.
Major player in the electric cremation industry, providing a competitive advantage.
Benefits from high employee retention rates.
Applying for an FCA licence to offer in-house pre-paid funerals.
Managing director is willing to remain on a consultancy basis.
Untapped potential through offering sustainable funeral options.
Operates from freehold premises, which includes an on-site chapel and memorial gardens, with potential for expansion to 7.2 acres.
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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