A plumbing and drainage repair company operating across North West England

The shareholders are offering the company for sale as they wish to realise the assured wealth derived from the value of the existing business whilst facilitating further growth.

Offers invited.

Key Highlights

– Part of a leading drainage and plumbing repair franchise, benefiting from support from a centralised head office.

– Receives a high volume of repeat custom from commercial clients, including some blue-chip organisations, supplemented by ad hoc repairs for private individuals.

– Experienced second-tier management team in place.

– Operates from leasehold premises.

– Further growth could be achieved through the development of its service offering, expansion across new markets and increased marketing activity.

– Operates in a strong market, with the plumbing industry set to remain secure in times of economic uncertainty.

Financial Highlights
-YE24 turnover of £3.1m, with an adjusted EBITDA of £785k.
-Turnover of £2.8m in YE23, with an adjusted EBITDA of £351k.
-Gross profit margin of 60%.
-Turnover rising year-on-year, increasing by 48% between YE21 and YE24.