Featured Brokers
CONFIDENTIAL SALE
FOR SALE
08/05/24
610999
155513 / Rightbiz
The company is one of the UK’s leading laser screed concrete flooring specialists, undertaking major projects for clients based across the country.
Benefitting from a wealth of in-house expertise, the company is able to manage projects of all complexities, with its enduring commitment to investing in state-of-the-art machinery and providing ongoing training to staff positioning it at the forefront of the industry.
The company is held in high regard amongst clients for the consistently high standard of service that it provides, with its focus on significant, high-value projects contributing to its continued strength throughout its time in operation.
Our clients are now offering the company for sale as part of their retirement plans.
Key Highlights
- Provides all-encompassing concrete flooring and finishing solutions, focusing on the delivery of major projects on large sites.
- Holds a wealth of accreditations and certifications, including Constructionline Gold, CHAS, CSCS and SSIP Acclaim, and has an excellent reputation within its industry.
- Operates on a national basis, predominantly working with blue-chip construction companies on commercial and industrial developments.
- Maintains strong, long-standing client relationships, several of which span over 14 years, with 75% of clients providing reliable, repeat custom.
- Skilled and dependable management team in place, possessing the skills required to manage day-to-day operations with minimal oversight.
- Operates from well-positioned leasehold premises in South East England.
Financial Highlights
- Achieved turnover of £31 million in YE23, with an adjusted EBITDA in excess of £2.6 million.
- Turnover is projected to rise to £32.8 million in YE24, with adjusted EBITDA also expected to reach £3 million.
- The company has achieved year-on-year growth across the last four years, with turnover and adjusted EBITDA increasing by 216% and 336%, respectively, between YE20 and YE23.
- Maintains consistently strong gross profit margins, averaging 15% across the last four years.
- Strong pipeline in place for the coming year, with ongoing and upcoming works collectively valued at £14.2 million in place and prospective works valued at £18.6 million currently under consideration with clients, ensuring the sustained prosperity of the business.
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Get Solicitor
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