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Deal Opportunities.co.uk

the UK marketplace for company sales

Quantity surveying practice

Reference
S8251
Turnover
£0.5m to £1m
Sector(s)
Business services, Construction, Professional & financial
Region(s)
UK Wide
Added
18 November 2021

Business description

With a long and varied history, the company provides detailed cost and contractual advice for construction projects across a diverse range of sectors, operating in Scotland and England. The company carries out work on existing properties and new builds.

Clients and architects are supported through the development, repair, protection and adaptation of their buildings through the provision of cost planning, monitoring and control, grant applications and contractual advice.

The Shareholders are offering the company for sale as part of their retirement plans. 

Offers invited.

Highlights

  • Projects range from domestic to multi-million-pound contracts and includes high-profile conservation work. 
  • Carries out circa 80 commercial, public sector and private projects nationwide each year. 
  • Highly regarded in the heritage and conservation sectors 
  • Generates business from a network of consultants, who provide high amounts of referral custom. 
  • Receives between 180–200 enquiries per annum, with values reaching £1m.
  • Strong second-tier management team in place.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2019 (Actual) 1,134 186
2020 (Actual) 884 103
  • Turnover of 884k, with an adjusted EBITDA of £293k.
  • Pre-Covid turnover of £1.1m, with an adjusted EBITDA of £376k.
  • Turnover projected to return to £1.2m in YE21.
  • Strong sales pipeline, currently valued at £1.16m for YE21.
  • Work to the value of £2.4m has been secured for 2022 and 2023.

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