A leading Loft Ladder and Boarding Supplier & Installer in the South-East, our client offers a cost-conscious alternative to full loft conversions, helping homeowners to declutter their lives and create more space in their homes by providing access to their loft areas and boarding them out for safe, walkable storage.
Enjoying easy access to both Central London and the Home Counties, this ‘Which Trusted Trader’ has developed a respected industry reputation, which allied with diverse avenues of lead generation has resulted in healthy, growing turnovers and enviable net profitability.
This business represents a fantastic opportunity for either an entrepreneur to utilise their skills to develop this business to the next level, or for similar service providers both across the South-East and Nationwide who are seeking a bolt-on opportunity to quickly gain market share.
With our client only reluctantly selling because he feels that he has developed the business as far as he personally can, strong interest is anticipated, and early enquiries are recommended.
| Turnover (£'000) | Adjusted EBITDA (£'000) | |
|---|---|---|
| 2021 (Actual) | 631 | 100 |
| 2022 (Actual) | 736 | 141 |
| 2023 (Actual) | 755 | 148 |
Sources:
2023 Unaudited Financial Statements
2022 Unaudited Financial Statements
The Adjusted Net Profits include adjustments for loan interest payments, director’s costs, depreciation, professional fees for a business coach and donations.
The current owner feels he has taken the business as far as he can and
that a buyer, with some further investment and impetus, will be able to
build upon his foundation and expand the business to the next level.
Each party will bear responsibility for their own legal costs of
purchase, and any professional and/or Landlord costs associated with a
transfer of the lease will be to the purchaser's account.
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