Overview
Description
Project Ludere manufactures, retails and installs soft play and playground equipment on an international basis. The business works closely with customers supply bespoke leisure products for indoor and outdoor playgrounds, soft play and sensory areas, trampoline parks and agility play facilities.
An end-to-end solution is offered, incorporating concept design through to installation, servicing, maintenance and upgrades.
The sister company operates as an industrial textile and upholstery service provider, utilising state-of-the-art machinery.
Our clients are offering both companies for sale to facilitate a planned exit strategy and retirement plans. Offers invited.
Key Highlights
– Works with customers across the UK, Europe, the USA and other regions, having established strong relationships with private entrepreneurs, schools, local authorities, retail outlets and leisure centres.
– Wealth of in-house expertise in place, with three candidates suitable to move into upper-level management positions and absorb the Directors’ duties.
– Directors willing to deliver a negotiable handover period.
– Operates from leasehold premises.
– Vast potential for growth through the introduction of new products, recruitment, expansion of the sector and geographical remit, and the implementation of further marketing strategies.
Financial Highlights
– Generated a YE23 turnover of £5.4m, with an adjusted EBITDA of £630k.
– Approximately 75% of the active customers provide repeat business.
– Circa 70% of the company’s revenue is generated through contracts.
– Ongoing contracts and projects are regularly secured with existing customers as they open new sites and facilities.
– An asset register worth in excess of £133k will form part of the sale.
– Strong pipeline of projects for YE24; £386k worth of works has been confirmed, and a further £400k may be realised through prominent leisure companies.
Is this business relocatable:
Is this business home based:
Is accommodation included:
Is this In administrative/receivership:
Is stock included:
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