Building Services for sale in Cambridgeshire

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Cambridgeshire, England

  • Leasehold Price: £115,000
  • Annual Turnover: £500,000
  • Annual Net Profit: £75,000
Seller Reference: VCO369C
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Business Description
Seller Reference: VCO369C
Request Details
Business Description
The sale is by way of the acquisition of the 100% share capital of the business plus the goodwill of a business generating reliable and recurring turnover of c£470,000 with an EBITDA of c£75,000.
Operating in East Anglia, East Midlands and London from the current HQ in Cambridgeshire.
It is anticipated that the balance sheet at completion will be in the region of £40,000 (assets will exceed liabilities). Tangible assets include vehicles, trade and office equipment.
In addition to the value of the balance sheet at completion we are seeking cash offers in the region of £115,000 for the goodwill, being approximately 1.5 times EBITDA.
Accounts are on file, extracts from the last three years show an average annual turnover of £518,985 and an average EBITDA of £69,375
For further information, NDA, detailed accounts, or appointment to meet our client please contact Vandervells LLP
Precise details of your financial ability to proceed will be required before any further discussion takes place.
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