Provider of fire door and fire stopping installation

  • Price: Offer Invited
Seller Ref:153596
For Sale

Provider of fire door and fire stopping installation

Seller Ref:153596
  • Price: Offer Invited

Overview

Seller Ref: 153596

Description

The company is an industry-leading provider of fire door installation and fire stopping solutions.

Priding itself on its wealth of in-house expertise and high-quality workmanship, the company’s products conform to the Regulatory Reform (Fire Safety) Order 2005.

The business is now being offered for sale to facilitate our clients’ emigration plans.

Key Highlights

– Works with a range of prestigious clients that work with property owners and facility managers of apartment blocks, offices, schools, hotels, hospitals, and other buildings, experiencing a high retention rate.

– Shareholders are willing to provide a negotiable handover period.

– Fully relocatable opportunity.

– Recruiting additional, skilled staff would enable the company to undertake a larger workload.

– Introducing a range of proactive marketing activities could expand the company’s client base.

Financial Highlights
Turnover of £1.7 million in YE23, with a gross profit of 52%.
Achieved an EBITDA of £809k in the same year.
YE23 increased by 2.5x YE22.
Has recently won contracts for YE24 worth £600k, which will
provide further opportunity to tender for additional, similar works
moving forwards
Awaiting a decision on first tender opportunity for large Framework
which could provide extensive works in both the Scotland and
London areas.

Is this business relocatable:
Yes
Is this business home based:
No
Is accommodation included:
No
Is this In administrative/receivership:
No
Is stock included:
NA

Listed By:

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