CONFIDENTIAL SALE
FOR SALE
30/09/21
856
152112 / Rightbiz
OPERATING IN THE EAST MIDLANDS
Management turnover of £914k in 2021, with an EBITDA of £265k for the same year.
Offers a thorough range of quality painting and decorating services. The business is able to operate with considerable flexibility, offering services to a wide range of customers within the commercial, public and private sector. Currently employs 10 members of staff, including the Director, and benefits from high levels of in-house expertise across the business. Clients include several reliable customers, with a number of relationships spanning over 25 years. Exceptional reputation for the quality and reliability of its service offering. Offered as a fully relocatable opportunity. Our clients are now offering the Company for sale to facilitate retirement plans. Offers invited.
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.