Based in Southwest England
Overview
The company provides a comprehensive range of specialist drainage services, including reactive call-outs, PPM, CCTV drainage surveys, and no-dig and excavation-based drain repairs.
Operating for over 30 years, the business has developed an excellent reputation for reliability and high-quality standards, as evidenced by its portfolio of industry accreditations and approved-contractor status with a wide range of prestigious and public-sector clients.
Our clients are now offering the business for sale to facilitate retirement plans.
Offers invited.
Key Highlights
- Operates across a diverse range of sectors, including public, social housing, financial, property maintenance, logistics, hospitality, construction, defence, and pharmaceutical.
- Currently serves 45 active clients, all of which provide reliable streams of ongoing revenue.
- Benefits from a balanced portfolio of major clients and a robust foundation of smaller, repeat clients, which ensures consistent revenue and minimises dependency on any single client.
- Has multiple ongoing PPM agreements, many of which are renewed annually and some of which operate on multi-year cycles.
- Dedicated and experienced team in place, led by a highly knowledgeable second-tier management team that can oversee operations on a day-to-day basis.
Financial Highlights
- YE25 turnover of £1.4m, with an adjusted EBITDA of £500k.
- Recurring income accounts for circa 78% of turnover.
