• Neville Wright - From window cleaning to a 70 million pound sale

  • May 9 2024
  • Length: 25 mins
  • Podcast
Neville Wright - From window cleaning to a 70 million pound sale cover art

Neville Wright - From window cleaning to a 70 million pound sale

  • Summary

  • This episode of Business Buying Strategies features Neville Wright, an accomplished entrepreneur who shares his journey from starting as a window cleaner to selling his business, Kiddicare, for 70 million pounds cash. Neville discusses the motivations behind his entrepreneurial spirit, influenced by his father's regrets and his own early experiences struggling with job security and poverty.

    He narrates how he and his wife turned a small window cleaning endeavor into a venture selling baby products, eventually growing it into a substantial business. Despite facing a severe recession and nearly losing everything, Neville's determination led him to revamp his business model, invest in online sales, and ultimately attract a sale offer from Morrisons.

    His story highlights the importance of perseverance, innovation, and the strategic growth of a business from humble beginnings to a multimillion-pound enterprise.

    01:55 Neville Wright's Journey: From Humble Beginnings to Business Success
    02:54 The Leap to Self-Employment: Window Cleaning and Beyond
    09:57 Expanding into Retail: The Birth of Rainbow Warehouse
    11:43 Scaling Up: Property Ventures and Kiddie Care Growth
    18:12 Navigating Challenges: Recession and Recovery
    21:48 The Big Sale: Turning Kiddie Care into a Multi-Million Pound Deal
    24:01 Lessons Learned and the Path Forward

    ** Looking for a great acquisition lawyer in the UK? Use mine! **

    If you are looking for a lawyer in the UK to help you get the deal over the line, then use my own lawyer, John Andrews. You can phone his office at (0345) 2412494 or email him at johnandrews.deallawyer@jmw.co.uk.

    Ready to get started?

    Here’s how you can start your business buying journey…

    Download our free Business Buying Toolkit
    https://dealmakers.co.uk/business-buying-toolkit

    Join our Business Acquisition FastTrack programme
    https://www.dealmakers.co.uk/fast

    Already bought a business?

    if you've already bought a business, you should be part of my Inner Circle group where we discuss raising capital, integration management, and exiting. Email Maria on hello@thedealmakersacademy.com for more information.

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