Featured Brokers
CONFIDENTIAL
FOR SALE
651028
159926 / Rightbiz
The company specialises in refurbishment works for properties to be rented in the social housing sector, operating throughout London and South East England.
The business primarily renovates void and neglected properties that have been acquired by housing associations via the open market. Working with other on-site teams, the company carries out complete refurbishments, disability adaptations, cyclical decorating and environmental work, often operating to strict deadlines.
The multi-accredited company has completed thousands of residential properties since its inception, retaining long-term relationships and contracts with several key housing associations.
Our clients are offering the business for sale due to ill health and to facilitate retirement plans. Offers invited.
Highlights
- Generated a YE25 turnover of £2.7m, with an adjusted EBITDA of £191k.
- Also works with local authorities, schools, and engineers for insurance-related structural / remedial works and one-off, bespoke projects.
- Secures the vast majority of its revenue through long-term contracts, which ensure reliable income streams on a multi-year basis.
- Current forward order book valued at up to circa £30m to be delivered over the next 4 years, underpinned by high-value Government frameworks and ongoing works for existing clients.
- Retains considerable potential to move into renewables, owing to its existing public sector capabilities and regulatory changes regarding the sustainability of social housing.
- Several key clients have been in place for over 20 years, including one of the largest housing associations in the region.
- Proficient in-house team and scalable network of multi-skilled operatives facilitate time-sensitive project completion and occupant engagement.
- Experienced organic growth throughout its 40 years in operation, obtaining projects through existing relationships, repeat business and
referrals.
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
The data showed regarding this advert 'Social housing and public sector refurbishment specialist - 159926 / 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.