Provider Of Air Conditioning, Ventilation And Refridgeration Solutions For Sale

YE24 outturn turnover of £7.1 million, with an adjusted EBITDA of £860k.
Achieved turnover of £5.7 million in YE23, with an adjusted EBITDA of £523k. Provides a comprehensive range of commercial and domestic air conditioning and ventilation solutions, including full system design and installation. Operates nationally, predominantly working with major clients in the restaurant, retail and hospitality sector, as well as the general public.
The company is ideally positioned to take advantage of increased interest in air source heat pumps and other low carbon heating alternatives on the back of COP26 and gradual phasing out of gas boilers. Ongoing servicing and maintenance contracts supply a consistent, reliable stream of revenue of between £300k and £400k per year, whilst generating a high volume of upselling opportunities. Maintains strong, long-standing client relationships, with 85% of turnover in the last year being supplied by returning clients. Highly experienced team in place, possessing the knowledge and skills required to manage day-to-day operations on an ongoing basis. A non-shareholding Director within the company has been identified as an ideal replacement Managing Director, post-sale. Operates from 4,000 sq ft leasehold premises based in North West England. The premises are owned by the shareholders and are available on a leasehold or freehold basis.