CONFIDENTIAL
FOR SALE
654738
FPM67743 / Rightbiz
This long-established family business was founded in 1992 and is a recognised and well-regarded specialist in onboard electrics and electronic systems design, supply and installation with a focus on marine navigation instruments and communication equipment.
The company benefits from dealership, certified install agent and service engineer status for several leading brand manufactures of automatic identification systems, chartplotters, radars, autopilots, VHF radios, fish finders and satellite and entertainment equipment. It derives its income from product sales, provision of labour, support services and warranty work, with employees attending official continuous professional development training to ensure the relevant supplier certifications are upheld.
The business operates from shop fronted office premises, occupied by way of commercial lease, and is in a prime position in a profile marina. However, its service reach is far and wide with very little competition locally, it has clients located in boating hotspots on the south coast and some overseas. There is ample scope to grow the business further by opening additional offices in these locations and by expanding product range and supplier base.
The range of work delivered extends from straight forward retrofits of existing equipment to bespoke integrated systems design, supply and installation with ongoing maintenance support. It provides services to both leisure and commercial maritime sectors, including power and sailing vessels including classic boats, with projects both large and small. Clients include private boat owners, government organisations, corporate companies, other marine businesses such as boat builders, sailing schools and boat dealers, fleet operators and maritime charities which involves maintaining preferred contractor and first-contact relationships.
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 SolicitorThe data showed regarding this advert 'Marine Electronics Multi Dealership Design Supply and Installation Company in Portsmouth for Sale - FPM67743 / 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.