Overview
Description
The company specialises in the provision of labour and plant to the asphalt industry, operating as a nationwide contractor and firmly establishing itself as a market-leading supplier within its sector.
Utilising a highly experienced team, the company fulfils hundreds of contracts each year, priding itself on maintaining exceptionally high standards of health and safety, completing projects on time and within budget, and delivering high-quality workmanship at all times.
Our clients are now offering the company for sale as they wish to realise the assured wealth derived from the value of the existing business, its goodwill and potential, whilst supporting its continued expansion.
Key Highlights
– Benefits from a skilled and highly qualified team of directly employed operatives, enabling it to efficiently manage a high volume of projects with enhanced levels of control whilst maximising profitability.
– Manages a wide variety of projects, ranging from smaller residential works through to major highways, infrastructure and airport resurfacing projects.
– Predominantly works with prestigious, blue-chip contractors, maintaining strong, long-standing client relationships, with all revenue being generated via repeat custom from long-term clients.
– Highly experienced management team in place, possessing the skills and experience required to manage day-to-day operations on an ongoing basis.
– Operates from well-connected premises based in South East England, which are owned by the company and will be included in the sale.
Financial Highlights
– Achieved turnover of circa £17.9 million in YE22, with an adjusted EBITDA of £3.7 million.
– Turnover is on course to reach circa £19 million in YE23, with adjusted EBITDA also increasing to £5.4 million.
– The company owns a wealth of assets, including plant, machinery, vehicles and property collectively valued at circa £4 million.
– In the last year, 100% of revenue was supplied by returning clients, with the consistently high standard of service provided by the business ensuring their continued custom.
– Maintains strong gross profit and adjusted EBITDA margins, averaging 27% and 20%, respectively, across the last three years.
Is this business relocatable:
Is stock included:
Listed By:
Similar Listings
Opportunity to buy a successful and profitable road surfacing contractor located in Greater Manchester. Our client is a well-established, surfacing and ground works contractors established in 2017. It’s a family business, known for its reliability,...
Asking Price: £200,000 Including Net Assets of circa £70-£80,000 Turnover: circa £183,000 EBITDA (pre director drawings): circa £93,000 Key Selling Points: • The Business enjoys a loyal and regular client base (75% repeat business) • Great r...
A Long-Established Professional Window, Door & Conservatory Company Based In West Sussex This business, which covers East & West Sussex, Surrey, Hampshire and South London, was established by the founders nearly 15 years ago, with the aim of ...
Luxury Home with Income A fabulous Victorian 6 x ensuite bedroom Villa with sea views, together with 3 x self-contained income-producing holiday lets, stunning drive and grounds, large car park, swimming pool, all in excellent condition. This large, ...
Our client is a specialist civil engineering firm best known for its expertise in weighbridge pit installation, associated weighbridge infrastructure services and groundwork services. Our client also performs maintenance and repair work on existing w...
An opportunity to acquire a stone and marble building materials supplier based in South East England. Over a 20+ year period, this family business has grown steadily to serve a solid B2B and B2C client base, with the majority of business derived from...
