A PROVIDER OF INTERNAL FIT-OUT SERVICES

The company provides internal fit-out services, including suspended ceilings, partitions, and raised-access floors, serving a wide range of clients with a strong recurring core client base, with a focus on careful risk assessment.

The business specialises in the management of projects and has a large range of reliable subcontractors who carry out the labour work, helping to lay off risk and providing scalability.

The business currently offers its services to a core of 10 particularly active clients with an additional pool of other clients.

The company has a strong reputation for reliable delivery, enabling it to win work through invitation and tender rather than depending on open tenders. This grants the business access to desirable projects and protects against the uncertainties inherent in tendering for unknown clients.

The company has a strong secured order book of £6.5 million as of August 2024.

The existing management team possesses the experience required to manage all routine operations.

The business operates from premises in Nottingham, leased from a fellow group company.

YE24 management turnover of £8.5m with an adjusted EBITDA of £796k.

Between YE21 and YE23, turnover has increased by 203%, returning to pre-Covid19 levels.

Our client is offering the company for sale to enable his retirement and to facilitate further growth under the impetus of new ownership.

Offers invited.