Shopfitters for sale in Buckinghamshire

View the "Design & Build Project Management – Shopfitting & Acoustics" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

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S Martin (Feb 2013)
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Asking price: Offers Invited Annual Turnover: £2,300,000
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Business Description
Unusual opportunity to acquire this well-established Principal Contractor covering design & build for shopfitting projects and acoustic wall treatments.
Established in 1996, the business has built a great reputation for completing high quality retail shopfitting projects, acoustic led projects, for cinemas, for example, and a small amount of commercial work, particularly where there are acoustic implications. An understanding is in place with the main client, who has also committed to significant further work over the next 12 months. Most of the other work is with regular clients, including well known cinema chains.
The business has a small head office establishment numbering only 4, including the vendor, and utilises a high quality bank of sub contractors to complete the works. However, all design and project management work is done in house by a highly skilled General Manager, who is also a director / 10% shareholder. He will ideally will form part of the new management team and is flexible as to how this might happen.
Based in the Thames Valley out of a small warehouse / office, works are completed all over the UK, with some in Europe as well.
Turnover to April 2016 was in excess of £2.3m, with very strong gross margins and an adjusted EBITDA of c£400,000. Work already in the pipeline will see 2017 exceed this, with more opportunities to follow. The business is currently restrained by lack of resources, being small and owner operated, but the main opportunity is to have access to more quality tradesmen.
The business is for sale as the owner wishes to retire, but a proper handover / transition period will be agreed, and most of the day to day and operational management is with the other Director, who wishes to stay on.

Offers are invited for the company to include all assets and goodwill on a cash free debt free basis.
Listed by: City Business Brokers
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