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the UK marketplace for company sales

Installer of bathrooms & kitchens

Reference
S11098
Turnover
£5m to £10m
Sector(s)
Leisure, Service industries
Region(s)
Scotland
Added
16 November 2023

Business description

The company is a provider of new and adapted kitchens and bathrooms for social housing.

The business has worked with 35 prominent clients across Central and West
Scotland, with key relationships lasting 15 years.
Having built the company up for over 20 years, our clients are now offering the business for sale to facilitate their retirement plans.
Offers invited.

Highlights

  • Skilled second-tier management team in place, with capability to run daily
    operations. 
  • 20 active clients, 80% of which provide reliable, repeat business. 
  • Installs 30–40 new bathrooms and kitchens every week. 
  • Has maintained a 97% client satisfaction rate. 
  • Won numerous awards at national industry award shows. 
  • Operates from leasehold premises. 
  • Potential to expand the business into new market sectors and cater to high demand for accessible bathrooms and kitchens.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2022 (Actual) 5,626 223
2023 (Actual) 6,749 456
  • Generated a turnover of £6.7m in YE23, with an adjusted EBITDA of £457k.
  • Year-on-year growth in excess of £2m from YE21 to YE23. 
  • Multiple upcoming projects collectively valued at £4.3m.

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