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634273
157367 / Rightbiz
The business specialises in providing a range of technology services to streamline operations and optimise productivity for client organisations; its provision includes telephony, cloud, and security services, as well as offering multiple integrated system solutions.
Operating on a B2B basis across the UK, Europe, and the USA, the company provides its offering to organisations in the psychic, retail, entertainment, charity, and healthcare industries.
The business is well positioned to facilitate further expansion due to its established client relationships and its bespoke, comprehensive offering.
The company is being offered for sale to allow our clients to pursue unrelated business ventures.
Our clients are open to all types of offers, subject to negotiation.
Offers invited.
YE24 draft accounts indicate a turnover of £2.5m, with an adjusted EBITDA of circa £378k.
YE23 turnover of circa £2.4m, with an adjusted EBITDA of £497k.
Shareholder funds of circa £1.5m in YE24.
Consistent gross profit margin of circa 40% maintained over previous three years.
Long-standing relationships with a number of large international organisations.
Established for over two decades.
Strong second-tier management which is set to remain in place post-sale.
Operates from shareholder-owned premises in East England, but offered as a fully relocatable opportunity that can be managed from anywhere in the world.
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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