For Sale
Established Builder's Merchant Operating from Four Sites - Project Yard
ID:
Project Yard
Details
PROJECT YARD - September 2024
An opportunity to acquire the business and assets of an established builder's merchant which operates from four sites across Lincolnshire & Yorkshire
Opportunity
The Company is one of the largest independent builders' merchants in North Lincolnshire and Yorkshire.
The Company operates four branches located across Yorkshire and Lincolnshire.
Established in 1928, the Company has a reputation for traditional values and outstanding customer service.
The Company operates as a “one-stop shop” for timber, building, and civil supplies, stocking products from leading manufacturers.
Overview
The Company’s key products include building materials, timber, insulation, garden and landscaping supplies, civils and drainage and reinforcement
The Company serves both public and trade customers, offering free delivery for cash and credit account holders
Highly trained workforce. Currently employs 25 staff members.
The Company currently operates from four sites.
Lincolnshire site operates from freehold premises. Site consists of two warehouses, a timber shed, a cement shed, storage, workshop and trade counter.
Two additional trading sites in Yorkshire operate from leased premises and a serviced office space located in Lincolnshire.
One further site remains in dispute with the landlord and would represent an opportunity for any potential purchaser to resolve the ongoing issues and reinstate a fourth trading site.
As can be seen from the account extracts provided, the Company has,
in recent years, achieved a positive EBITDA, barring FY23.
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Expressions of Interest
• Interested parties will be required to sign a nondisclosure agreement (NDA) before further information is provided.
• Please email Richard Temple ([email protected]) to request an NDA
• Expressions of interest are required by 5pm on 1 October 2024 together with proof of funding with completion required as soon as possible thereafter.
Please download notice of sale for further information
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