Rental Maintenance Of Mains Fed Water Coolers For Sale

Business description

Acquisition Opportunity

Business: Specialist in rental/ maintenance of mains-fed water coolers

Opportunity: One of UK leaders in mains-fed water coolers, cash positive and contracted revenue stream with huge growth potential.

Location: North of England (UK Coverage)

Key Features
- Over 90% of revenue is contracted and recurring.
- 4,500 coolers/ boilers to circa 2,500 customers growing at 500 net units pa.
- Robust customer contracts all for minimum term of 3 or 5 years.
- Future contracted income circa £3m, low maintenance costs.
- Runs almost autonomously from shareholder/ directors.
- Widely spread customer base with no customer accounting for more than 7% of installed base.
- Robust and simplistic business model.

Opportunities
- Introduction of sales-led ethos.
- Expansion further into water boilers market.
- Potential medium term profits of circa £1.5m.
- Cross-synergies.

Potential Purchasers
Synergistic
- Facilities Management businesses
- Leasing and servicing companies
- Office suppliers
Worldwide

2012 Forecast sales: £1.5m

Property information

Property:

Freehold