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Property Refurbishment And Conversion Firm In Suburban Preston
Preston, Lancashire, North WestIdentity protected
Available
About this business
A property business in suburban Preston that refurbishes homes and converts commercial buildings into flats, selling the finished units or letting them on behalf of investors. It began in 2021 and works from freehold premises included in the sale. Turnover has crept up from £3.35m to £3.5m and EBITDA from £410k to £471k, a margin of about 13%. A team of 7 runs projects, buying and site supervision. A buyer gets a steady, profitable business with its own base and working relationships with local trades.
Key investment highlights
- Freehold premises included
- EBITDA up to £471k
- Converts commercial buildings to flats
- Team of 7
Reason for sale
The owners are moving to Spain and want to sell rather than run it from abroad.
Nothing flagged on the two questions buyers ask first
No flagRevenue going backwards and one client being too much of it are the two things that end most deals in due diligence. Both are shown here up front, from the figures the seller supplied.
- Revenue directionNo flag
Turnover is flat year on year.
- 2021: baseline
- 2022 (+1.0%)
- 2023 (+1.2%)
- 2024 (+2.3%)
- 2025 (+0.6%)
- 2026 (-0.7%)
- Peak 2025 to latest 2026: -0.7%
6 years of turnover, 2021 to 2026, as supplied by the seller.
- Client concentrationNot stated
The seller has not declared what share of revenue the largest clients represent.
No declaration supplied. Client concentration cannot be derived from accounts.
EBITDA margin widened from 12.2% in 2021 to 13.5% in 2026.
These are observations from the supplied figures, not a view on whether this business is worth buying. Nothing here predicts an outcome.
Computing valuation...
What happens next
Submit an enquiry to the seller. Once they approve it, you sign a non-disclosure agreement and gain access to the information memorandum, the financials and a secure deal room with the seller.