Reference: VEX00896
Business Overview
Vexus.co.uk is exclusively retained to find an acquirer for this long established and highly regarded commercial property maintenance business. Based in the South East of England, our client has built a profitable and highly effective business providing a range of outsourced property maintenance services in and around London and the Home Counties. Our client offers a modern approach to building maintenance using both new technology as well as traditional methods to maintain, restore and construct, from simple repairs to large refurbishment projects. The business benefits from many long term client relationships with high levels of repeat business.
Highly regarded business established over 100 years
The commercial property maintenance and repair sector in London and the home counties is a thriving and competitive industry driven by the region's concentration of commercial properties. The market consists of a range of service providers offering various maintenance and repair services. Long-term maintenance contracts are common, and compliance with regulations and sustainability practices is important. Technological advancements, such as CMMS and IoT devices, are being adopted.
Successfully Operated Under Management
The day-to-day business operations are managed by a team of 6 managers and approaching 30 full time employed operations and trade employees. No operating reliance remains with the existing main shareholder.
Transaction Motivation
Due to future retirement plans, our client is now considering his exit options and wishes to engage suitably experienced operators. Our clients feel the business would benefit from becoming part of a larger organisation with the expertise and resources to take the business to the next level and drive growth.
The Opportunity
Ideally, we seek an experienced trade acquirer with the requisite experience, resources and understanding of the food service sector. Consideration will also be given to other buyers with strong market or client synergies looking for a scalable ’bolt-on’ business opportunity.
✓ Long Established & Highly Regarded Brand ✓ PPM circ
a £800,000 p.a. ✓ Scalable Business Opportunity ✓ Full Client Handover ✓ Experienced Team ✓ Strong balance sheet
The Next Steps
On completion of our non-disclosure agreement, qualified parties will receive further information on this business. We recommend a meeting with the vendors at the earliest opportunity to avoid disappointment.
PLEASE NOTE WE ARE NOT AUTHORISED TO RELEASE ANY FURTHER INFORMATION ABOUT THIS BUSINESS WITHOUT A SIGNED NDA - Click link above to complete NDA.