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CONFIDENTIAL
FOR SALE
634917
157471 / Rightbiz
The company is a distributor of wooden and vinyl flooring products, serving customers across 22 countries.
With the largest landed stock in Europe, the company ensures the best quality products through its quality control processes prior to shipping from the manufacturers.
The company has built strong, stable supply chains across China, South Asia, and Eastern Europe.
Our clients are now offering the company for sale to facilitate retirement plans.
Offers invited.
Key Highlights
- 500 active wholesale customers and 1,000 end customers served through the top four wholesalers.
- Has developed a large, loyal, repeat customer base of distributors, retailers, wholesalers, designers, and builders.
- Longest customer relationships span more than a decade.
- Duty-free suppliers in place that will continue to support growth of the company’s customer base as more wholesalers and retailers seek these products.
- Could introduce complementary products to facilitate growth, such as WPC garden fencing and decking.
- Strong second-tier management team in place that can undertake many daily operations independently, providing a turnkey acquisition opportunity.
- Operates from shareholder-owned premises that can be included in the sale on a leasehold basis at the current market rate.
Financial Highlights
- Turnover of £28m achieved in YE24, with an adjusted EBITDA of circa £3.2m.
- Forecasted turnover in excess of £30m in YE25.
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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