Tendering Service and Independent Advice Regarding Vending and Drinking Water Services

The business is now being offered for sale to facilitate the shareholders’ retirement plans and realise the true potential of the business (current owners have been semi-retired for many years).

The company benefits from a business model that operates with very low costs.

Our clients are open to all types of structured deals, subject to terms.

Offers invited for this somewhat unique organisation approaching the end of its second decade in business.

Key Highlights

– Excluding clients that generate a one-off income, the company has 86 active clients in place across more than 600 locations, all of which provide repeat business, with the longest relationship spanning 15 years.

– Vast number of sectors covered provides protection against a downturn in any individual sector.

– Strong, experienced workforce in place, including six franchisees who operate their own businesses independently of the parent company directors, requiring minimal oversight and at minimal cost to the company. No salary or expenses (cars, travel, etc) are paid to the franchisees.

– Fully relocatable opportunity.
Would benefit from recruiting a salesperson, account manager, and more franchisees. Alternatively, a new owner could change the business model, such that the new owners may consider an in-house employed team to develop the client base and retain 100% of the sales revenue, rather than 55% being retained by a franchisee.

Financial Highlights

– Turnover of circa £330k in YE24 with an adjusted EBITDA of circa £200k.

– Expected increase in turnover of 75% between YE20 and YE25.