Specialist Dry Riser Supply, Testing and Maintenance business – Relocatable

  • £200,000
Hove, East Sussex, England
Specialist Dry Riser Supply, Testing and Maintenance business – Relocatable
Hove, East Sussex, England
  • £200,000

Overview

  • Business, Manufacturing Businesses, Engineering Companies,Engineering Companies
  • Property Type

Description

Southeast England – Relocatable

• Blue chip B2B client base
• Fully relocatable
• Steady and reliable income over 2 decades
• Low cost – no rent/rates/marketing
• Handover offered by current owners

The Company is a market leader with an enviable book of clients including many of the UK’s major housebuilding groups and contracts across the South East of England.

They provide installation, testing and maintenance of high specification dry riser equipment in relation to the construction and refurbishment of new residential and commercial buildings working with many of the UK’s top construction and new-build housing companies. The work required can be easily trained requiring no specialist expertise.

Recurring annual dry riser compliance testing and servicing/maintenance provides an additional predictable income and for many years the business has been able to rely on incoming enquiries and repeat business with little need for sales and marketing spend.

The turnover figures of £266,000 (year end Jan 2024) and £249K in y/e Jan 2023 reflect figures that has been steady for 15 years (COVID excepting). Operating Profits (unadjusted for owners’ takings) were £54,000. Forward orders in 2024 and 2025 are substantial.

The business is fully relocatable as it requires no yard or fixed premises. Areas covered include London. Essex, Berkshire, Surrey, Hampshire, Sussex, Kent and Surrey.

The current owners wish to sell due to retirement but can offer a lengthy handover period to ensure the continuation of key contracts and staff. The owners can easily be replaced without impacting on the business. This is a limited company sale without any property lease consideration.

Details

Updated on January 4, 2025 at 7:38 pm
  • Price: £200,000
  • Property Type: Business, Manufacturing Businesses, Engineering Companies,Engineering Companies
  • Tagline: Engineering Companies
  • Annual Turnover: £266,000

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