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Deal Opportunities.co.uk

the UK marketplace for company sales

Office refurbishment & relocation solutions

Reference
S7204
Turnover
£1m to £2m
Sector(s)
Business services, Construction, Creative industries, Manufacturing, Miscellaneous
Region(s)
South East England
Added
16 September 2020

Business description

A leading provider of office refurbishment and relocation solutions, carrying out all aspects of refurbishment, reorganisation and relocation for a variety of businesses operating within a range of sectors. 

The company prides itself on delivery as promised and provides a multitude of services including workplace consultancy, design and build, fit-out and post-project support. 

Having built the business up for over 19 years, our clients are now offering the company for sale as part of their plans for retirement.

Offers invited.

Highlights

  • Operates regionally, providing its services to over 38 currently active clients.
  • Benefits from high client retention rates, with circa 75% of clients providing the company with reliable, repeat business on an ongoing basis. 
  • Employees have been identified as having the necessary skills to take on greater responsibilities within the company. 
  • Our clients are willing to provide a mutually agreeable handover period to facilitate a smooth transition to the new owner. 
  • Operates from leasehold premises rented from a private landlord.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2016 (Actual) 3,181 496
2017 (Actual) 1,728 312
2018 (Actual) 626 -101
2019 (Actual) 1,950 368
  • YE19 turnover of £1.9 million with an adjusted EBITDA of £368k.
  • Gross profit margins rising year-on-year.

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