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Substantial Roofing Supplies Business - SOLD

Sales                                              £1.9M

Adjusted EBITDA                        £235k

Established over 20 years ago, the business provides a wide range of roofing products to local builders and roofers, many of whom have been customers for over 20 years. Where required, the company is also able to provide both estimating and technical support, which sets it apart from much of its competition.

Located in Lincolnshire, the business operates from a 4,500 sq foot warehouse within a ½ acre gravel yard. It provides easy access for customers collecting product, compared with the town centre locations of much of its competition.

In addition to the vendors, the business employs 3 full-time staff who are expected to remain with the business.

Revenues have grown organically from £1.2M in 2019 to a forecasted £1.9M in the current year, generating an adjusted EBITDA of £235k.

The Guide Price sought by the Vendors for 100% of the shares of the company is £695k.  The business will be sold on a debt free, cash free basis to include a Net Asset Value at Completion expected to be c. £300k.

This roofing supplies business will be an attractive acquisition for both a larger trade buyer looking to extend its product range or geographic reach and also those looking for a stable stand-alone business opportunity with further growth potential. The vendor will support appropriate handover requests.

Location: Lincolnshire                Annual Sales: c. £1.9M

Guide Price: £695k

Contact          Peter Wilson                   

Info@anderson-shaw.co.uk        02476 100476

Anderson Shaw Reference - ASCFL/ROOF


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