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Deal Opportunities.co.uk

the UK marketplace for company sales

Marine, protective & decorative paints & coatings

Reference
S7330
Turnover
£1m to £2m
Sector(s)
Miscellaneous, Retail & wholesale
Region(s)
UK Wide
Added
17 November 2020

Business description

The Company is an independent supplier of marine, protective and decorative paint and coating solutions for both trade and domestic customers throughout the UK.

Paints and coatings supplied by the business include primers,  antifouling, topcoats, deck paint, varnishes, thinners and fillers, intumescent, heat resistant, exterior timber and metal. 

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

Offers invited.

Highlights

  • Offers next-day fulfilment on orders placed before 2 pm.
  • Has 15,000 customers registered on its database. 
  • Serves customers in the marine, steel fabrication, manufacturing, construction, engineering, vehicle restoration and painting sectors.
  • Maintains strong, long-standing customer relationships, several of which now span over 15 years. 
  • Operates from the shareholders’ home address, and is therefore being offered as a fully relocatable opportunity.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2018 (Actual) 1,083 104
2019 (Actual) 1,013 46
2020 (Forecast) 1,480 160
  • Turnover in excess of £1m in YE19.
  • YE20 outturn turnover of £1.4m. 
  • Gross profit margin consistently exceeds 40%.

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