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the UK marketplace for company sales

Group of three - removal services to domestic clients

Reference
S7523
Turnover
£1m to £2m
Sector(s)
Distribution, freight & logistics, Miscellaneous
Region(s)
South East England
Added
24 February 2021

Business description

Operating across South East England, the company provides a comprehensive range of services, including domestic packing and removals, property clearance, international relocation and storage, as well as post-move cleaning and handyman services.

The company predominantly caters to high net-worth individuals in Surrey, London and the surrounding counties, utilising an extensive network of estate agents and solicitors to promote its services to potential clients.

Our Clients are now offering the company for sale as they wish to explore other opportunities.

Offers invited.

Highlights

  • Approximately 90% of all business is generated from direct referrals or recommendations made by a 300-strong network of professionals in the property trade.  
  • Pipeline valued at £100k for the first quarter of 2021.  
  • Operates from ideally located leasehold premises.  
  • Excellent potential for growth through expansion of its professional network, as well as increased sales and marketing activity.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2018 (Actual) 279 18
2019 (Actual) 797 147
2020 (Actual) 1,078 99
2021 (Forecast) 1,376 290
  • Turnover of £1.3m for YE21.
  • Achieved an adjusted EBITDA of £290k for YE21. 
  • Turnover showing year-on-year growth, increasing by circa 400% between YE18 and YE20.

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