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CONFIDENTIAL
FOR SALE
658275
510594 / Rightbiz
The business is a provider of specialist pipe bending services for the offshore, process and power generation industries in the UK and overseas.
The company’s in-house capabilities extend beyond pipe bending services, with complementary offerings including mechanical testing, non-destructive testing and pickle and passivation for non-ferrous materials.
Having built the business up from its inception, our clients are now offering it for sale to realise the assured wealth derived from the value of the existing business, its goodwill and future potential, whilst facilitating further growth.
Offers invited.
Financial Highlights
- YE25 turnover of £2.46 million.
- Prior to the recent volatile trading conditions in the oil and gas industry, the business maintained steady turnover growth and an operating profit margin of c.16%.
- Forward order book valued at £630,000 to be realised typically over a three-to-four-month period.
- Approximately 80% of annual revenue derives from repeat custom.
Key Highlights
- Cultivated an excellent reputation over 20 years in operation.
- Built a strong industry prominence based on excellent service quality, timely delivery and responsive client support, earning recognition across the UK and increasingly in EU and US markets.
- Serves a diverse recurring client base ranging from small engineering firms to major global organisations.
- Overseen by the directors, who receive support from a dedicated management team.
- Operates from extensive freehold premises, which can be included in the sale on a freehold basis.
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
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