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Deal Opportunities.co.uk

the UK marketplace for company sales

Heating & plumbing products

Reference
S7402
Turnover
£0.5m to £1m
Sector(s)
Retail & wholesale
Region(s)
West Midlands
Added
04 January 2021

Business description

The company is a long-standing and highly regarded supplier of plumbing and heating products, offering exceptional service to domestic and trade customers throughout the West Midlands.

Utilising a highly experienced and knowledgeable team, the business prides itself on providing an informative, personalised service, which has ensured the longevity of its relationships with customers.

Products include kitchens, bathrooms, central heating and drainage.

Our clients are offering the company for sale as part of their retirement plans.

Offers invited.

Highlights

  • Offers a next-day delivery service to customers across the region.
  • Provides its products and services to 62 customers in the maintenance, leisure, manufacturing and healthcare sectors. 
  • Maintains strong, long-standing relationships with customers, several of which now span over 13 years. 
  • Operates from freehold premises, which will be included in the sale. 
  • Generates and sustains consistent revenue without the need for marketing expenditure.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2017 (Actual) 799 105
2018 (Actual) 694 91
2019 (Actual) 647 95
2020 (Actual) 652 98
  • Turnover of £652k in YE20 with an EBITDA of £98k.
  • Gross profit margin of 30%.

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