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Manufacturer and supplier of digital media in East Riding of Yorkshire available for purchase

Undisclosed, East Riding of Yorkshire

CONFIDENTIAL

  • Turnover: £302,019 (£5,808 per week)
  • Profit: On request

Business Details

A MANUFACTURER AND SUPPLIER OF DIGITAL MEDIA

BASED IN EAST YORKSHIREYE26 turnover of £397,000, with an adjusted EBITDA of £239,000.Manufactures entertainment media, benefitting from an extensive library with over 12,000 entries.The majority of turnover is generated by royalties, with this expected to increase substantially over the next financial year.In addition to direct sales, the company benefits from long-standing supply relationships with nationwide distributors.Operates from leasehold premises that are 70% empty at present, with significant scope to operate as a fully remote business.A key shareholder is willing to remain in a suitable position to guarantee further growth of the organisation.Offered for sale to facilitate plans for retirement. Offers invited.
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Stay Safe

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.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.'.

Stay Safe

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.

Stay Safe

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.

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The data showed regarding this advert 'A MANUFACTURER AND SUPPLIER OF DIGITAL MEDIA - 171727 / 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.