Sector |
Turnover |
Location |
|---|---|---|
| Elevator Lift Installation, Maintenance and Repair Services | £10,941,874 | South East England |
Business Opportunity:
An opportunity exists to purchase the business and assets of a leading elevator lift installation, maintenance and repair
services.
The purchase will be executed at the earliest opportunity. All interested parties will be requested to sign a non-disclosure
agreement and specifically deal with Middleton Barton Asset Valuation Limited as appointed agent on behalf of the Vendor.
Business Overview:
• Established over 25 year with enviable reputation
• Market leading company operating in South East of England and London
• Impressive track record with impressive work history
• Established customers base
• Circa 100 ongoing installation contracts with contract value circa £20m+
• 1000+ recurring revenue lift service contracts with circa £1.4m annual premium (fixed maintenance premium, with
various repairs and breakdowns providing additional income)
• Sector diverse across public and private sector and including TSE100 and FTSE250 blue-chip companies, Hospitals,
Housing Associations, Hotels, High Street Retail, Commercial Office, Contracts are all B2B
Financial Information:
| 10 month management accounts to 31/01/25 (£) | Full year to 30/04/24 (£) | Full year to 30/04/23 (£) | |
| Turnover | 10,941,874 | 14,430,674 | 13,855,501 |
Assets Available for Sale:
• Goodwill and trading style
• Ongoing work in progress and contracts
• Maintenance contracts and repair contracts
• Owned plant and machinery and office equipment
• Stock inventory
• Leasehold offices and warehouse premises :Freehold office premise (by separate negotiation)
Location:
South East of England
Deadline for Offers:
Indicative offers no later than 12 noon on 31st March 2025 , all offers to be supported by proof of funds.
Further Information:
For further information or to request a non-disclosure agreement please contact [email protected].