Specialist Rubber Decking System With Traditional Wet Pour Business | | Undisclosed South Yorkshire | | SOUTH YORKSHIRE TRADEMARKED SPECIALIST RUBBER DECKING SYSTEM WITH TRADITIONAL WET POUR BUSINESS Est over 11 years Turnover £420,000 EBITDA TBC Excellent scope for growth L/H: £750,000 +SAV REF: 1179S | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 68007
ADVERT IMPRESSIONS : 11,485 TIME(S) | | | | BUSINESS SECTOR: | Building / Construction | | TRADE TYPE: | Building / Construction Supply | | SALE: | Agent Sale | LEASEHOLD: | £750000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | SOUTH YORKSHIRE
TRADEMARKED SPECIALIST RUBBER DECKING SYSTEM WITH TRADITIONAL WET POUR BUSINESS
• Established over 11 years
• Turnover £420,000
• EBITDA TBC
• Leasehold £750,000 +SAV
• Reference: 1179S
BUSINESS SUMMARY
This successful and profitable company has developed an excellent reputation in the field of rubber safety surfaces for use in residential, commercial and public locations. The bulk of revenue is generated through the supply and installation of a trademarked anti-slip rubber decking system which has been developed in house and is fabricated at the company’s Yorkshire base. This work is supplemented by a more traditional wet pour business, which originally formed the bulk of company work. Customers are located throughout the UK and internationally, and are principally connected with the leisure industry (for example, swimming pools or golf courses) although there are a wide variety of applications including play areas and patios.
Our client has enjoyed a successful trading history spanning over 11 years. During this period, the business has generated significant and consistent profits and has been innovative with new product development and manufacture. The customer base is well spread and the repeat rate is exceptionally high. In financial terms the balance sheet is strong, with a high EBITDA figure in recent years ensuring excellent earnings for a new buyer.
The company has both consolidated its place within this sizeable industry and developed a number of new customers of late. Overall, the market for safety surfaces is strong, growing and global and is reinforced with legislation.
The company would be an ideal purchase for a similarly sized or larger corporate, possibly within the wet pour industry, or with knowledge of rubber and timber, and with an acquisitive growth strategy. Such a purchase would give access to mature customer base, a company with solid financials and a trademarked safety surface system with UK, European and US patents applied for. Alternatively, this business could form an extension to a retail based company with suitable outlets, seeking new products with a manufacturing capability.
SCOPE AND POTENTIAL
The overall market for safety surfaces is substantial in financial terms, and global in geographical terms. The potential for growth is significant. To date, the business has revolved around the personal requirements of the directors, but it is clear that investment in business development activities, extra machinery or sales staff, could generate considerable volumes of business.
It would be possible for a new buyer to explore additional markets. It is felt by the present management that opportunities exist particularly within the playground industry, and also the DIY market, especially through exploitation of web based sales, ideally with the introduction of a fully functioning purchase facility. The business could also be an ideal “bolt on” for a company with access to a retail hardware network. The vast majority of work currently commissioned is through recommendation and previous work undertaken.
For the right buyer, the advantages could be considerable in terms of access to a mature customer base, with expansion possibilities into additional or allied market sectors. Generation of work from existing clients would be entirely feasible, as well as additional opportunities with new ones. With additional capital investment the operation is eminently scaleable. Licensing would also be a distinct possibility.
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An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises | | | | | | FOR SALE | | | | | REFERENCE: | 1179S / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
