Consultancy and designer of audiovisual systems – Based in the East of England
Consultancy and designer of audiovisual systems – Based in the East of England
Overview
Description
The company is a reputable provider of audiovisual solutions across the UK, operating between two divisions; AV consultancy and AV Design, installation, and support.
Its portfolio of solutions also includes CAD services, programming, project management, maintenance, and complementary furniture products.
The business provides its services to a diverse range of clients, including investment organisations, breweries, fit-out contractors, and educational institutions.
Our client is now offering the business for sale to facilitate further growth under the impetus of new ownership; however, they have also indicated they are willing to remain with the company post-sale.
Offers invited.
Generated a turnover of in excess of £1.3m in YE23, with an adjusted EBITDA of £310k.
In discussion with numerous clients for proposed projects, worth circa £250k.
The company was impacted by Covid-19 restrictions in YE21 and YE22; however, it quickly recovered following the removal of restrictions.
Benefits from high client retention rates, with 45 blue-chip clients, 60–70% of which provides reliable, repeat income.
Several client maintenance contracts secured, accounting for 5% of annual turnover.
Long-standing relationships cultivated with industry manufacturers, enabling the company to provide traditional and contemporary furniture.
Fully relocatable opportunity.
Significant potential to expand internationally.
Is this business relocatable:
Is stock included:
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