Industry Overview
Identified within the Facilities Management sector, the Company specialises in Drainage and Water Maintenance, covering residential and commercial properties, with relationships with insurance companies providing work for them as preferred suppliers.
Location
The Company is located in Essex, and services clients nationwide with a good concentration within the Greater London Area
Business Description
The Company has grown from being a one man operation in to an industry leader in the waterworks and drainage industry, meeting the demands of clients nationwide for over twenty years. The company’s reputation has been built through excellent customer service and unwavering dedication to client needs.
The Company operates on a a 24/7 emergency call-out basis to tackle any issue, any time – the company prides itself on its extensive experience and ability to tackle any drainage issue, large or small.
Financial Summary
The Company has seen a huge increase in profitability posting an Adjusted EBITDA of £420,000 over the last 12 months and has been continually growing for the past few years.
The business has a peak turnover of £1.4m, benefitting from both retained commercial with planed and reactive private sector business and numerous repeat users, many of whom have recurring or ongoing sites or facilities requiring regular maintenance and contribute to the positive future financial visibility.
Investment Rationale
Included in a transaction will be valuable asset list of circa £300,000, and while looking to sell the business, the owner is no longer directly involved in the business and presents a totally ready to run, turn-key operation.
To register interest you will need to complete our Buyer Verification Process.