Provider of drainage, roofing and insulation solutions

Our client is offering the business for sale as they believe the time is right for a new owner to take the company to the next level. Offers invited.

Key Highlights

– Holds an operators’ licence for HGVs, enabling it to work with tankers.

– Multi-accredited company, retaining approvals from bodies such as CHAS, PASMA and SSIP.

– Several client relationships have been maintained since the company’s inception.

– All work is undertaken by in-house engineers who possess DBS checks and relevant site certifications.

– Second-tier manager in place who already runs the business in the director’s absence; engineer who could move into a managerial position.

– Operates from ideally located leasehold premises; could be relocated.

Financial Highlights

– Generated a YE24 turnover of £1.5m, with an EBITDA in excess of £550k.

– Generally sees an uptick in work during the winter months as a result of increased insurance call-outs following bad weather. The business is securing circa £25k per week at present as weather conditions change.

– Procures 90% of its income from ongoing contracts with insurance companies that boast considerable combined client databases.

– Positioned within various networks, which has played a key role in maintaining long-term work for insurance firms.

– Due to sign a contract with another insurance company, broadening the client network and revenue streams.

– Asset register worth circa £150k included in the sale, comprising vehicles, trailers, tankers, jetting units and other plant.