CONTRACTED PAINTING, DECORATING, AND MOULD CLEANING SERVICE PROVIDER

BASED IN THE EAST MIDLANDS

The business specialises in offering contracted painting, decorating, and mould cleaning services, with a primary focus on void and cyclical painting works. Operating on a regional B2B basis across the East Midlands, the company provides its services to organisations within the construction, social housing, education, and healthcare sectors. The business is ideally placed to achieve further growth due to its multiple accreditations and its approved contractor status with many notable businesses. The company is being offered for sale to facilitate our clients’ retirement plans. Our clients are open to all types of structured offers, subject to negotiation. Offers invited. Turnover in excess of £705k, with an adjusted EBITDA of £224k in YE23. Projected increase in turnover of 26% from YE23 to YE24. Average gross profit margin of 41% over the past two years.
Operating within a stable market, which is set to expand at a CAGR of 4.4% through to 2028. Pipeline in place of circa £130k, due for completion by May 2025. Projected year-on-year growth over the next three years of 30% due to the contracts signed and market conditions. 85% of clients provide repeat business and reliable streams of revenue. Has recently initiated multiple contracts for mould cleaning and subsequent painting and decorating work, which will provide consistent work. Has achieved accreditations from CHAS, Constructionline, and the Painting and Decorating Association.