Mechanical Services for sale

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  • Freehold Price: Offers Invited
  • Annual Turnover: £6,760,000
Seller Reference: 147998
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Business Description
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Seller Reference: 147998
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Business Description
FY18 turnover of £6.76m, with an adjusted EBITDA of £135k. Established over 30 years ago. Provides an extensive selection of mechanical and electrical works including testing, mains distribution, completion certificates and installation of building management systems. Operates nationally, working with clients across a diverse range of sectors, including healthcare, education, government and construction. Client base of 440 with a retention rate of 85% and a number of relationships in place for over 15 years. Strong second-tier management team in place, with employees suitable for progression. Operates from 14,060 sq ft premises owned by the shareholders and rented to the company. Accreditations and certifications include CHAS, Constructionline, RISQS, Achilles and ISO 9001. The shareholders are offering the business for sale to facilitate retirement plans. Offers invited.
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