Operating across the Republic of Ireland
Overview
The company designs, supplies, installs, and maintains a comprehensive range of outdoor fitness and recreation facilities, with a specialisation in outdoor gym equipment.
Such facilities include basketball and soccer courts, boules courts, and parkour equipment, along with a diverse range of smaller equipment, such as seating, bins, and lighting.
The business’s consistently high levels of customer service have driven robust relationships with key councils, presenting an ideal platform from which a new acquirer can facilitate further growth.
Offers invited.
Key Highlights
- Primarily provides its services to local councils and communities, sports clubs, schools, and healthcare facilities.
- Currently works with 10 core clients, all of which provide the business with reliable streams of ongoing revenue.
- The preferred supplier for the two largest councils in the country - Fingal County Council and Dublin City Council, with an active tender in place which could generate €4m over four years.
- Holds framework agreements with four councils.
- Has servicing and maintenance contracts with circa 60 clients, generating approximately €65k per annum.
- Typically receives 20–30 new enquiries per month, with an average initial enquiry value of approximately €25k.
- Skilled team of ground workers, labourers and installation technicians in place, overseen by an experienced construction manager.
Financial Highlights
- YE25 management accounts indicate a turnover of €1.2m, with an adjusted EBITDA of €425k.
- Has 12–16 weeks of confirmed work at any given time, representing approximately €300k–€400k in revenue.
