Why is it good to buy a private limited company?
The UK has over 5.5 million private limited companies and most of these employ less than 50 employees. Many of those businesses are currently being run by owners described as “baby-boomers” who are now approaching traditional retirement age. This sort of company typically presents a compelling business purchase opportunity for a private buyer due to the established infrastructure, trained and professional workforce and historic trading results.
Acquiring an existing SME business provides immediate access to operational facilities, an experienced team and an established customer base, therefore reducing the challenges associated with starting a business from scratch or buying into a franchise.
Purchasing a business from an owner manager makes for an attractive investment proposition. There is often a great opportunity to expand the business, introducing new products and services and implementing formalised sales and marketing strategies to provide future growth and increased profits.