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Fully managed print and cyber security provider with 300+ UK clients and subscription model

Undisclosed

CONFIDENTIAL

  • Leasehold: Price on Application
  • Turnover: £3,000,000 (£57,692 per week)
  • Profit: £1,400,000

Business Details

Fully Managed Print and Cyber Security Provider

Operating Nationally

The company provides fully managed print, store, and security services to the healthcare and education sectors.

Having successfully penetrated the difficult-to-enter NHS sector, the company has hundreds of GP surgeries signed up to its managed print service offering. All are contracted on three- or five-year terms, with strong recurring revenue and asset finance providing secure, repeat income and strong forward revenue visibility.

Our clients are now offering the company for sale to facilitate other, unrelated business interests.

Offers invited.

Key Highlights

- Over 300 clients across the UK, all of which are secured on asset finance and service agreement contracts.

- Strong recurring revenue and forward visibility, with asset finance products automatically renewing after the initial term and the rental billed at 100% profit.

- Recently launched subscription model with a 30-day rolling contract has had very strong uptake.

- Clients include NHS practices, pharmacies, education teams, and large retailers.

- Is Cyber Essentials certified and a G-Cloud 15 approved supplier.

Financial Highlights

- Turnover of £3m achieved in YE25, with an adjusted EBITDA of £1.4m.

- Pipeline of secure works and tenders in progress with a value in excess of £7.9m across annually recurring or five-year-term contracts.
 

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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 'Fully Managed Print and Cyber Security Provider - 510849 / 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.