Overview
Description
Overview
The company supplies and installs commercial kitchens for the hospitality sector, complementing its core offering with consultancy services for larger projects.
The business maintains relationships with market-leading manufacturers, ensuring clients receive high-quality equipment with all installations.
The company is now being offered for sale to facilitate our clients’ wider retirement plans.
Offers invited.
Key Highlights
Serves a variety of businesses, including cafés, care homes, hotels and pubs.
Primarily a director-led operation. Our clients are willing to provide a handover period to ensure a smooth transition to new ownership.
Presented as a fully relocatable opportunity.
With a larger workforce and dedicated sales personnel, the company would be able to secure a significantly increased volume of work without compromising on the quality of its offering.
Financial Highlights
Generated a YE22 turnover of £415k with an adjusted EBITDA of £108k.
Adjusted EBITDA increased by 102% over the previous three years.
Is this business relocatable:
Is stock included:
Listed By:
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A UNIQUE OPPORTUNITY Magnet has a heritage of over 100 years, founded in Yorkshire in 1918 by Tom Duxbury, the name derived from his beloved horse Magnet. Growing to be both leaders and pioneers in the industry, Magnet are the experts of the kitchen ...
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