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Deal Opportunities.co.uk

the UK marketplace for company sales

Swimming pools & wellness suites

Reference
S6478
Turnover
£5m to £10m
Sector(s)
Construction, Creative industries, Engineering
Region(s)
UK Wide, Outside UK
Added
04 October 2019

Business description

The company has a worldwide reputation for the exceptional quality of its luxury swimming pool projects and wellness suites. Its reputation has been forged by adhering to the most rigorous standards of quality in design, construction and customer service. Half a century since it first started trading, the founders and family successors wish to retire from the business.

The company is involved in six areas of activity; design and construction of UK commercial pools, high-end UK residential pools, wellness suites in conjunction with a German specialist partner, international contracts, pool service and maintenance, and small works.

It currently employs 40 people in two UK locations and has approximately £10m in future contracted work and pipeline orders.

This is a leading company in a field that is currently estimated to be worth £240m per annum in the UK alone.

This is a forward thinking company with a long established history that has a strong second-tier management who are extremely capable and motivated. It is implementing a structured and profitable business plan that is expected to see its turnover grow to nearly £10m per annum within 3 years, and in due course to £15m per annum if other international opportunities are exploited.

Financials

Turnover (£'000) Adjusted EBITDA (£'000)
2018 (Actual) 6,267 912
2019 (Actual) 6,878 1,325
2020 (Forecast) 7,688 1,377
2021 (Forecast) 8,635 1,575
2022 (Forecast) 9,597 1,750

Figures provided are in respect of the year ended / ending 31st March.

Opportunities

  • The company is expanding in all of its business areas. However it sees its principal area of growth in the next few years as being in the development of its wellness suites, and in the longer term with the establishment of an overseas office.

Prospective purchasers

  • Whilst clearly this opportunity would be of interest to anyone already involved in the specialist sectors served by the company, the company does have a very strong second tier management structure in place. 

Reason for sale

Retirement of the family shareholders and exit of EIS investors.

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