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Relocatable Horse Racing Service Provider with Strong Brand and Loyal Clientele

Relocatable

CONFIDENTIAL

  • Asking Price: Price on Application
  • Turnover: £470,000 (£9,038 per week)
  • Profit: £75,000 (16% Profit margin)

Business Details

Service Provider to the Horse Racing Sector

Based in Ireland

The company provides a range of services and information to the horse racing industry across Ireland, operating an informative website that includes entries, results, news, and photos, as well as additional content available behind a paywall.

Having developed a well-known, respected brand, the company has little to no competition in its niche and provides a service that is integral to the industry’s operation.

Our client is now offering the company for sale to facilitate a change in career.

Offers invited.

Key Highlights

- Staff team in place that can operate and drive business development independently, providing a turnkey acquisition opportunity.

- Significant investment has been made in developing the website, and industry relationships have been built over two decades, ensuring a high barrier to entry for potential competitors.

- Diverse client base with strong relationships to staff and brand that includes many well-known, key industry brands, and website members.

- Has amassed a social media following of almost 50k followers across several platforms.

- Holds an extensive video and results database.

- Vast scope to maximise the website to generate additional advertising revenue, with no specific resource having been dedicated to this to date.

Financial Highlights

- Turnover of £470k achieved in YE24, with an adjusted EBITDA of circa £75k.

- Has achieved an average adjusted EBITDA of £108k between 2022 and 2024.

- Website subscriptions have grown by 51% since YE18.
 

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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 'Service Provider to the Horse Racing Sector - 159977 / 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.