Specialist Dry Riser Supply, Testing and Maintenance business – Relocatable
Specialist Dry Riser Supply, Testing and Maintenance business – Relocatable
Overview
Description
Southeast England – Relocatable
• Steady income for 15 years
• Fully relocatable
• Blue chip B2B client base
• Low overheads – no rent/rates or marketing costs
• Handover offered by current owners
This specialist company has been supplying the property and construction industries across Southeast England for over 15 years and has become one of the market leaders in its field within the fire protection sector.
The Company’s engineers provide the installation, testing and maintenance of high specification dry riser equipment in relation to the construction and refurbishment of new residential and commercial buildings working with many of the UK’s top construction and new-build housing companies. Whilst this is a specialist service the work required can be easily trained requiring no specialist expertise and could be complimentary to a construction, plumbing, engineering business.
Ongoing annual dry riser compliance testing and servicing/maintenance provides an additional predictable income and for many years the business has been able to rely on incoming enquiries and repeat business with little need for sales and marketing spend.
The turnover of £249,000 (year end Jan 2023) reflects a figure that has been steady for 15 years (COVID excepting). Adjusted EBITDA (Operating Profits) were c£60,000. Forward orders in 2024 already exceed £280,000.
The business is fully relocatable as it requires no yard or fixed premises. Areas covered include London. Essex, Berkshire, Surrey, Hampshire, Sussex, Kent and Surrey.
The current owners wish to sell due to retirement but can offer a lengthy handover period to ensure the continuation of key contracts and staff. This is a limited company sale without any property lease consideration.
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