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Business For Sale - Details


Project Mermaid

Unique opportunity to acquire the business of a highly accredited manufacturer of fire doors.

 

HIGHLIGHTS

  • EBITDA profitable business supported by highly skilled workforce with significant identified growth opportunities
  • Freehold property and well invested plant and machinery infrastructure
  • Established, respected and "BM Trada" accredited manufacturer of fire doors with strong relationships with major Healthcare clients

 

BUSINESS OVERVIEW

  • Established for over 35 years and specialises in the healthcare sector
  • Diversified its core product offering in 2013 from strictly internal refurbishment to include the design, manufacture and fit of internal fire doors
  • BM Trada Q Mark certification (one of the UK's foremost certification bodies), which permits Mermaid to manufacture fire rated doors to BS476 part 22 and BS EN 1634-1
  • Invested significant resources in R&D in fire safety and infection control, such that it is considered a market leader in its field
  • An experienced, loyal and highly skilled workforce of c. 25 employees
  • An excellent reputation and appropriately accredited with a number of NHS Trusts which is a key barrier to entry for competitors

 

MARKET OPPORTUNITY

  • An ideal opportunity to enter the expanding fire door market
  • Appropriate certification to deliver a one-stop solution for the design, manufacture and installation of fire doors, to both the Healthcare and wider commercial sectors

 

MAIN ASSETS

  • Substantial asset base to support an investment including freehold property, well invested and specialised plant and machinery and inventory.

 

FINANCIAL PERFORMANCE

  • Mermaid is EBITDA positive with scope for significant further growth

FY18M

FY19 Q1 *

Turnover

3,204

518

Cost of sales

(2,472)

(343)

Gross Profit

732

175

EBITDA

338

80

* Draft management accounts

 

OPERATIONS

  • The business operates from freehold premises in Yorkshire and The Humber area employing c. 25 highly skilled employees

 

IMPORTANT

This briefing sheet contains information supplied by company personnel. LSH provides no warranties or indemnities in respect of such information. All interested parties must rely on their own investigations when reviewing this opportunity.

 

TIMETABLE FOR PROCESS

  • A deadline for indicative offers has been set for 12pm on Monday 21st January 2019.
  • If you wish to learn more about this opportunity and receive access to further financial information under a Non Disclosure Agreement, please contact:


Michael Booth
T: 0113 245 9393
E: mbooth@lsh.co.uk

Emma O'Neill
T: 0113 245 9393
E: eoneill@lsh.co.uk

 

544 (16.01.2019)

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