The opportunity exists to acquire, by way of a share purchase, all of the issued capital in is this on-line plumbing supply merchants (“the Business”).
The Business sells a variety of construction plastics, including plastic pipes, fittings and parts, to clients ranging from private individuals who are interested in building their own homes or doing their own renovations, to large building contractors who incorporate these plastics into their projects. Since its establishment a little over a decade ago, the Business has built, on the one hand, a robust, highly reliable supply chain that includes some of the UK’s leading manufacturers of construction plastics and on the other hand, a substantial base of satisfied, loyal customers. These strong operations allowed the Business to open a tremendously successful website and online store in 2009 that has taken off, expanding the Business’s reach across the nation and helping it achieve nearly £3.5m turnover in the fiscal year ending February 2020.
The Business is a “household” name in the construction sector in the Southeast and throughout the country. Behind the aforementioned website, is a long-standing physical location of 3,000 sq. ft. that includes a busy trade counter. The Business was founded in 2009 by the current owners. It has become one of the top sellers of construction plastics in the region and the country, and is now perfectly positioned for further expansion, including the option to move into the traditional builder’s merchant space.
Reasons for Sale:
The vendors have taken the business are far as they can and are seeking new challenges, although they are prepared to continue to work for the buyer if required.
Cost of Sales
In 2019-20 the Adjusted EBITDA, after allowing for a replacement M-D, was c£516,000. The expected Adjusted EBITDA for the current financial year is c£616,000.
|Is this business relocatable:||No|
Plumbing and Heating
In-Line Plumbing Business
|Total Views:||Club Member only|
|Impressions:||Club Member only|
|Total Enquiries:||Club Member only|
|Last Viewed:||Club Member only|
|Last Updated:||Club Member only|
|Last Enquiry Made:||Club Member only|
|Advertising and Marketing:||na|
|Growth and Expansion:||na|
|Support and Training:||na|