Based in South East England
Overview
The company supplies volumetric mixed on-site concrete and concrete pumping services to commercial and domestic clients. The business also specialises in the provision of foam concrete for civil engineering and utilities firms engaged in reinstatement projects.
Included in the sale are two lorries collectively valued at £335k. The lorries are currently on financing contracts, but will be wholly owned by the company upon completion.
The company, given its outstanding reputation and unique provision, is now well positioned to capitalise on its reputation and growth opportunities through the recruitment of a dedicated workforce and the launch of regional services.
Our clients are now offering the company for sale to facilitate retirement plans.
Offers invited.
Key Highlights
- Benefits from low levels of immediate competition as the only provider of volumetric mixed on-site concrete within 10-to-20 miles of its operating area.
- Enjoys strong relationships with three core account clients that generate circa 48% of the company’s annual revenue, with the remaining 52% deriving from domestic clients and general building contractors.
- Operates from leasehold premises.
- Considerable scope to diversify the client base through regional expansion.
Financial Highlights
- YE24 turnover of circa £730k with a gross profit of £285k.
- Generated an EBITDA in the same year of £191k.
