by Gauk
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.
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published by Gauk



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