A merchant selling plumbing and heating supplies – based in South East England

The company supplies a diverse product range comprising sanitary ware, boilers / heating systems, pipes and guttering, along with various fixtures and fittings used by the commercial plumbing trade.

Operating across a rapidly developing region, the company caters to plumbing and heating contractors engaged with the development of residential and commercial builds.

The shareholder is offering the business for sale to facilitate an improved work / life balance.

Offers invited.

Key Highlights

– Supports circa 94 customers, receiving a high volume of repeat business.

– Long-standing client relationships spanning up to 12 years.

– Experienced second-tier management team in place.

– Operates from ideally located leasehold premises with considerable potential for expansion.

– Excellent scope for growth through the development of its service offering and the implementation of new operations strategies.

– Ongoing developments in the local area look set to continue, generating a steady stream of business for the company.

Financial Highlights

– Turnover of £2.5m, with an adjusted EBITDA of £131k.

– Turnover growth in excess of 88% since YE19.