Reputable gas, electrical and refrigeration engineering company

  • Price: Offer Invited
Seller Ref:153637
For Sale

Reputable gas, electrical and refrigeration engineering company

Seller Ref:153637
  • Price: Offer Invited

Overview

Seller Ref: 153637

Description

Overview

The company designs, supplies, services and repairs catering equipment and appliances, as well as offering inspection service contracts tailored to its clients’ requirements.
Utilising a highly skilled and experienced team, the company prides itself on providing a dedicated, personalised service that aims to exceed expectations and ensure high levels of client satisfaction.
Our clients are offering the company for sale to facilitate their retirement plans. They are willing to provide a mutually agreeable handover period, if required.
Offers invited.

Key Highlights

Pipeline of live quoted works holds a value of £2.4m, and its current pipeline of live projects is worth £420k.
75% of clients provide reliable, repeat business on an ongoing basis.
Maintains strong, long-standing client relationships, several of which now span over 30 years.
15% of the company’s overall turnover can be attributed to dependable income streams, such as service contracts.
Operates from leasehold premises in the East of England.
Ideal bolt-on acquisition for complementary service providers looking to expand their operation into the region.

Financial Highlights
Turnover of £2.7m in YE23 with an adjusted EBITDA of c£386k.
Since YE20, turnover and adjusted EBITDA have grown by 45% and 46%, respectively.
Cash generative business with shareholder funds of c£928k.

Is this business relocatable:
No
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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