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Flood and fire restorer

Reference
S9120
Turnover
£2m to £5m
Sector(s)
Business services, Construction
Region(s)
South East England
Added
04 August 2022

Business description

Established in 1990, this successful South-East-based flood and fire restoration business has grown from its home office set-up to become a well-regarded and prominent contractor. It repairs buildings damaged by fire, flood, water leaks, subsidence, storm or accidental damage. It offers a full package, from site clearance to rebuild and decoration.

A regular income stream is provided by its specialist service to high-profile names in the insurance, loss adjuster and claims management market.

The business features on the government-approved Constructionline list, the UK’s register of pre-qualified construction contractors and consultants.

Highlights

  • A leading provider of a specialist service to the insurance, loss adjuster and claims management market
  • Solid client base – 100% repeat business
  • Experienced senior team members
  • Excellent standing in the industry

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2019 (Actual) 2,631,190 434,525
2020 (Actual) 2,473,720 256,655
2021 (Actual) 1,787,330 12,205

Opportunities

  • The business is currently wholly focused on repeat business and there is untapped potential to approach new clients
  • There is no current marketing, providing an opportunity to expand reach

Prospective purchasers

  • 100% share sale
  • Business premises will be offered on a new lease, with terms to be agreed
  • Prospective purchasers will be required to sign an NDA

Reason for sale

Retirement

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