Specialist local exhaust ventilation (LEV) engineers

  • Price: Offer Invited
Seller Ref:155603
For Sale

Specialist local exhaust ventilation (LEV) engineers

Seller Ref:155603
  • Price: Offer Invited

Overview

Seller Ref: 155603

Description

Project Foxhaven delivers a comprehensive LEV solution, ensuring clients’ systems are operating in adherence to the HSE and COSHH regulations.

The company’s activities comprise end-to-end projects, using trusted methodologies to implement cost savings; TExT of existing systems; PPM and parts installation; and delivery of a training course.

The business is accredited by SafeContractor, and its engineering personnel hold BOHS-approved qualifications.

Our clients are offering the business for sale to facilitate retirement plans.

Key Highlights

– The sector-agnostic requirement for functional and compliant LEV systems enables the business to operate across sectors such as engineering, manufacturing, marine, aerospace and pharmaceuticals.

– Several top clients are blue-chip organisations with multiple premises, presenting vast scope to capitalise on new opportunities.

– Two existing employees are suitable candidates to fulfil the shareholders’ responsibilities.

– Operates from freehold premises, which will be included in the sale.

– Ideally positioned to become the go-to service provider for a prominent aerospace brand.

Financial Highlights

– Generated YE23 turnover of £2.4m, with an adjusted EBITDA of £620k. The company is on track to achieve similar EBITDA in YE24.

– Projected to achieve turnover of £2.6m and adjusted EBITDA of £600k in YE25.

– Generates the entirety of its income through contractual agreements and benefits from high amounts of recurring revenue.

– 70% of clients appoint the company for ongoing PPM and testing activities.

– Current work-in-progress of £450k, with a further £2.4m in active quotes.

Is this business relocatable:
No
Is stock included:
NA

Listed By:

If this business isn't quite right for you, click 'Show Similar Results' for others you may be interested in. If this is for you, enter your details below to enquire today, we'll show you more suggestions once you've sent your enquiry to this seller.

Show Similar Results

Schedule a Tour

Your information

Find out more about this business opportunity

Your Personal Details * Required Field

Would you like a free no-obligation discussion with a qualified finance provider who could help you to buy this business?
You must agree before submitting.

Similar Listings

Find out more about this business opportunity

Compare listings

Compare
Send Enquiry