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Specialist drainage company in Southwest England with 30 years of experience for sale

Undisclosed

CONFIDENTIAL

  • Leasehold: Price on Application
  • Turnover: £1,400,000 (£26,923 per week)
  • Profit: £500,000 (36% Profit margin)

Business Details

Specialist Drainage Company

Based in Southwest England
Overview

The company provides a comprehensive range of specialist drainage services, including reactive call-outs, PPM, CCTV drainage surveys, and no-dig and excavation-based drain repairs.

Operating for over 30 years, the business has developed an excellent reputation for reliability and high-quality standards, as evidenced by its portfolio of industry accreditations and approved-contractor status with a wide range of prestigious and public-sector clients.

Our clients are now offering the business for sale to facilitate retirement plans.

Offers invited.

Key Highlights

- Operates across a diverse range of sectors, including public, social housing, financial, property maintenance, logistics, hospitality, construction, defence, and pharmaceutical.

- Currently serves 45 active clients, all of which provide reliable streams of ongoing revenue.

- Benefits from a balanced portfolio of major clients and a robust foundation of smaller, repeat clients, which ensures consistent revenue and minimises dependency on any single client.

- Has multiple ongoing PPM agreements, many of which are renewed annually and some of which operate on multi-year cycles.

- Dedicated and experienced team in place, led by a highly knowledgeable second-tier management team that can oversee operations on a day-to-day basis.

Financial Highlights

- YE25 turnover of £1.4m, with an adjusted EBITDA of £500k.

- Recurring income accounts for circa 78% of turnover. 

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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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