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CONFIDENTIAL
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644135
159102 / Rightbiz
Based in Yorkshire
The company offers a wide range of high-quality mobility products through its Yorkshire-based bricks-and-mortar store, with a small portion of sales generated via an established e-commerce platform. In addition, the company offers a wide range of vehicle adaptations, including fitting hand controls, person hoists, and boost hoists for mobility scooters.
The company is a Motability Accredited Adaptation Installer, with conversions accounting for over 75% of total revenue. The business has developed an excellent regional reputation for its expertise in vehicle conversions and mobility product provision, as well as outstanding customer service.
Our client is now offering the company for sale to facilitate retirement plans.
Offers invited.
Key Highlights
- Has built a strong reputation and a firm foothold in the market in its region, with vast scope to grow online sales to drive increased revenue and geographical expansion.
- Established for over five decades.
- Knowledgeable, experienced team in place that can undertake day-to-day operations independently, with only minimal oversight required.
- Operates from ideally situated premises in a built-up residential area, circa five miles from the nearest large city.
Financial Highlights
- Turnover of £680k achieved in YE24, with an EBITDA of £110k.
- Has achieved an increase in turnover of 82% between YE21 and YE24, with an increase in EBITDA of 37% in the same time period.
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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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