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Deal Opportunities.co.uk

the UK marketplace for company sales

Screed drying equipment hire and consultancy services

Reference
S7528
Turnover
£0.5m to £1m
Sector(s)
Construction, Miscellaneous
Region(s)
UK Wide
Added
01 March 2021

Business description

  • Specialist custom built drying equipment available to hire
  • Project consultancy for screed and environment management
  • Predominantly used on large scale, high end residential projects
  • Niche market with few direct competitors
  • Loyal customer base – repeat business and word of mouth referrals
  • Nationwide coverage
  • Clients include Tier 1 building contractors, Tier 2 subcontractors, independent builders and individuals
  • Opportunity to offer drying and humidity control in new market sectors
  • Scalable business model with long term growth prospects
  • Established over 5 years

Financials

•  Financial Year Ending 2020:  Turnover c.£500k, Adjusted EBITDA £292k

Prospective purchasers

  • This opportunity represents an ideal bolt on for general construction/building companies, plant hire businesses, plumbing and heating engineers or main contractors and screed companies

Reason for sale

•  The shareholders are seeking an exit from the business in order to pursue other business interests

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