Specialist Cold Planing Contractor For Sale

The business is a specialist cold planing contractor for roads, footpaths, and driveways, operating a fleet of bespoke road planers and related machinery. The business is ideally placed to facilitate additional growth due to its long-standing client relationships and highly skilled workforce; the team is set to remain in place post-sale. The company operates on a B2B basis across the south of England, supplying surfacing contractors and organisations in the construction, civil engineering, and highway maintenance sectors. The company is being offered for sale to facilitate our clients’ retirement plans. Our clients are open to all types of structured offers, subject to negotiation. Offers invited. Turnover of circa £4m, with an adjusted EBITDA of £619k in YE23. Shareholder funds in excess of £1m in YE23. 13% increase in adjusted EBITDA from YE22 to YE23. Operating within a stable global market, which is set to expand at a CAGR of 5% through to 2032. Benefits from circa 200 active clients, 95% of which provide repeat business and reliable streams of revenue. FORS bronze member, and CSCS and CITB compliant. The company is a member of SSIP Schemes Constructionline, SafeContractor and the IPC Institute of Planing Contractors. Operates from shareholder-owned premises with a current market value of £1.5m.