A provider of property reinstatement services – based in the north west

The company provides turnkey reinstatement work for the property claims management sector, specialising in repairing damage caused by fire, flooding, storms or other unforeseen circumstances. Experienced staff liaise with the insurance provider and property owner throughout the repair, completing work quickly and to a high standard to mitigate the risk of further damage.

Carrying out work at both residential and commercial properties, the company has developed a reputation for the quality of its work and the professional service provided to all parties involved in the claim. This has placed it in an excellent position with many leading providers operating in the insurance market, which would be difficult for a new entrant to replicate.

The shareholders are offering the company for sale to facilitate their retirement.

Offers invited.

Key Highlights

– Utilises a team of qualified tradespeople covering a broad range of building disciplines, with specialist experience in the repair and replacement of hardwood flooring.

– Client base includes several well-known blue-chip insurance providers, all of which generate a steady stream of repeat business.

– Operates from leasehold premises.

– An excellent bolt-on opportunity for a buyer wishing to expand operations into the North West of England.

Financial Highlights

– Turnover of £1 million.

– Adjusted EBITDA of £344k.

– Increase in turnover of 102% between YE21 and YE24.

– Order book valued at £690k, with additional revenue generated from survey fees for every property attended, even if work is not approved.