by Gauk
Wed, Jul 8, 2020 9:03 PM
Wed, Jul 8, 2020 9:03 PM
Project Blue
Maintenance Company For Sale
- Established facilities maintenance Company based in the East Midlands.
- Business purchased from former owners 3 years ago.
- 14 Staff (gross annual payroll of £353,998)
- Majority of staff currently furloughed.
- Lost major customer in March 2020 that accounted for 40% of t/over
- Annual turnover of £2.6m for period end 30/06/19. Projected to be £1.4m t/over going forward
- 10 vans (2 subject to HP with little equity)
- Stock bought to order for clients – 10% mark up for Company.
- Subcontract labour used for the majority of contracts – 15% mark up for Company
- Gross margin averages 29%
- Trades from leasehold premises
- Blue chip client base
Deadline for offers: Wednesday 15th July, 3pm.
Find Out More: [email protected]