Project Pine – A Civil Engineering and Groundwork Specialist – South Scotland.

  • Price: £7,000,000
  • Leasehold Price: £7,000,000
  • Annual Turnover: £11,317,824
Seller Ref:49346
For Sale

Project Pine – A Civil Engineering and Groundwork Specialist – South Scotland.

Seller Ref:49346
  • Price: £7,000,000
  • Leasehold Price: £7,000,000
  • Annual Turnover: £11,317,824

Overview

Seller Ref: 49346

Description

Turnover of £11.3m for the year ending 2023 with EBITDA of £1.73m
Net assets of nearly £4m included in the price
Over 80 Employees with strong management structure
The business has developed strong working relationships with major house builders and has in place a number of framework contracts.
Project Pine offers a comprehensive groundwork service including drainage, concrete work, earthworks, utilities and road construction. In addition, the business also provides services such as house renovations, land drainage and plot work.
Has recently started manufacturing it’s own aggregates
Owner is happy to stay on long term post acquisition to aid the growth of the business
Project Pine specialise in turnkey packages offering a comprehensive civil engineering and groundworks service for major house builders.
The business was initially founded by our client in 2007 operating as a sole trader and later registered as a limited company in 2012. Project Pine has since experienced year-on-year growth.
Ref: 49346

Is this business relocatable:
No
Is this business home based:
No
Is accommodation included:
No
Is stock included:
NA

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