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Top UK Supplier and Installer of Commercial Raised Access Floors, Specialising in Aviation Sector

Undisclosed

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    16/05/24

  • Advert ID

    611401

  • Reference

    155681 / Rightbiz

  • Call Agent:

    Registered members »

  • Turnover: £3,600,000 (£69,231 Per week)
  • Net Profit: On request

Key Features

  • Offers Invited

Business Details

Supplier and installer of commercial raised access floors across the UK

The company is a supplier and installer of raised access floors nationwide, specialising in serving the aviation sector. The business provides a vast range of quality flooring solutions with a variety of finishes, from tiling to vinyl. Priding itself on its highly skilled workforce, the company’s staff are vetted by the relevent authorities to enable them to work in secure environments; this ensures predominantly exclusive access to these works in airports across the UK. The company is now being offered for sale to facilitate the shareholders’ retirement plans. Offers invited. Turnover of £3.6m achieved in YE23, with an adjusted EBITDA of £720k. Projected turnover of £5m in YE24, with an adjusted EBITDA of £950k. Average gross profit margin of 34% between YE20 and YE24. Large number of works currently in progress with a total value of £9.1m. Potential pipeline of works that could be worth approximately £7.48m in total. All product ranges comply with current PSA and BS EN performance specifications. Accredited by Achilles. Serves clients across the aviation, construction, and data centre sectors, with the longest client relationship spanning two decades. Hiring additional skilled staff and increasing investment in resources would enable the Company to immediately grow sales, as it is often operating at capacity. Immediate extra opportunities have been identified within the aviation sector. Strong second-tier management team in place that can undertake daily operations and drive business development independently, providing a turnkey opportunity. Operates from leasehold premises.

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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.

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Stay Safe

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.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.'.

Stay Safe

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.

Stay Safe

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.

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The data showed regarding this advert 'Supplier and installer of commercial raised access floors across the UK - 155681 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.