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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