Overview
Description
The company supplies own-brand and branded raised access flooring systems, steel pedestals, under-structures and ancillary products, which are suitable for installation within premises such as offices, computer/control rooms, data centres and retail facilities.
Supply agreements are in place with international manufacturers and numerous prestigious raised access flooring brands.
The business has secured a diverse sales network throughout the UK, which includes access floor panel contractors, fit-out firms, construction materials distributors and end users.
Our clients are now seeking an investor or partnership to facilitate the continued growth of the company and enable it to take advantage of new opportunities. Offers invited.
Key Highlights
– An e-commerce platform receives 24/7 orders.
– Managing Director willing to remain in-role post-sale to work alongside the partner and facilitate continued expansion.
– Suitable candidate within the team who could move into a Director position and absorb the exiting shareholder’s responsibilities.
– Well-positioned staff who can extend the sales territory internationally.
– Operates from freehold and leasehold premises, though could be relocated.
Financial Highlights
– Generated a YE23 turnover of £3.7m, with an adjusted EBITDA of circa £530k.
– Forecast to achieve a YE24 turnover of £4.5m, with an adjusted EBITDA of £600k.
– Approximately 70% of customers provide repeat business.
– Freehold premises can be included in the sale, holding a market value of £1.8m.
Is this business relocatable:
Is this business home based:
Is accommodation included:
Is this In administrative/receivership:
Is stock included:
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