The company is a waste management service provider specialising in the removal of hazardous and non-hazardous liquids. It offers a comprehensive range of proactive and reactive maintenance services including drain unblocking, CCTV surveys, gully cleaning, high-pressure jetting, flood response, and maintenance of interceptors, pump stations and septic tanks.
The shareholder is offering the business for sale to facilitate their retirement. Offers invited.
Key Highlights
- Caters to commercial and industrial clients across the Midlands, receiving a high volume of repeat business.
- Has over 250 commercial and industrial clients, including facilities management companies, housing agencies and local authorities; highways management companies; waste management companies and the sporting and leisure industry.
- Approximately 70% of work is repeat business, with some relationships spanning 13 years.
- Fleet of company-owned vehicles, including large-volume pump trucks and tankers with the capacity to reach water 25m below ground level.
- An excellent bolt-on opportunity for buyers operating in the same or adjacent sectors.
- Shareholders willing to provide a mutually agreeable handover period to ensure the continued success of the business.
- Operates from ideally located leasehold premises.
Financial Highlights
- Turnover of £572k, with an EBITDA of £168k.
- Gross profit margin of circa 52%.
