Provider of building envelope testing, maintenance and refurbishment – based in Scotland
Provider of building envelope testing, maintenance and refurbishment – based in Scotland
Overview
Description
The company is a provider of building envelope and façade testing, maintenance and repair services, including glazing refurbishment and door / window maintenance.
Operating across Scotland, the company caters to blue-chip organisations in the facilities management and construction sectors, generating high volumes of repeat and referral custom.
The company’s testing and investigation service covers all aspects of the building’s façade, curtain wall, cladding, entrances, flat roofs and rain screens, inclusive of leak investigations, condition inspections, integrity testing and CWCT-specification testing.
The shareholders are offering the company for sale as they wish to pursue alternative, unrelated interests.
Offers invited.
Key Highlights
– Multi-accredited, holding CWCT, SafeContractor, Constructionline Gold, ISO 9001:15 and UKAS ISO-IEC 17025:17 certification, amongst others.
– Circa 80 active clients, 95% of whom provide reliable, repeat business on an ongoing basis, with relationships spanning up to 20 years.
– Benefits from high volumes of referral custom, with scope to increase business through proactive sales and marketing activity.
– Considerable potential to expand service offering to attract business from new and existing clients.
– Holds an approximate 25–30% share of its market.
– Experienced second-tier management team in place.
– A fully relocatable opportunity.
Financial Highlights
– Turnover of £3.6m, with an adjusted EBITDA of £1.37m.
– Gross profit margin of 47%.
– Turnover has seen steady growth since YE21, increasing by 267%, also showing a 151% increase when compared to pre-Covid trading.
– Projected turnover of £4.1m.
– Shareholder funds in excess of £1.5m.
– Upcoming and ongoing works expected to generate £1.1m in profit. Additional projects are also scheduled or planned for 2024 and beyond.
Is this business relocatable:
Is stock included:
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