MANUFACTURER AND DISTRIBUTOR OF MORTAR– BASED IN NORTH EAST ENGLAND

The company specialises in the manufacture and distribution of mortar materials,priding itself on its personal approach and high standard of service.
Operating regionally within the commercial and public sectors, the business has relationships with 500 active clients, providing a reliable stream of income.
The company is being offered for sale to facilitate growth under the impetus of new ownership. Our clients are open to all types of structured deals, subject to negotiations. Offers invited. Turnover in excess of £563k in YE23. Adjusted EBITDA of £162k. Has experienced an increase in turnover of 61% since YE20. Potential pipeline of clients in place is worth approximately £30k. Has developed long-standing relationships with a number of construction and building companies, as well as with local authorities. Benefits from high client retention rates, many of which provide ongoing repeat business.
Operates from leasehold premises in the north east; however, the company can be relocated to anywhere in the UK or beyond. Considerable scope to attract prospective customers through proactive marketing activity and the development of a website.