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Refurbishment Contractor With A Freehold Unit In Leicester
Leicester, Leicestershire, East MidlandsIdentity protected
Available
About this business
A Leicester refurbishment contractor working on student lets, small offices, cafés and shop units, from strip-out and partitioning through to decorating and flooring. The business owns its freehold industrial unit and employs 8 people. Turnover has grown every year since 2022 to £1.55m, and EBITDA has risen from £51k to £85k, though margins are still slim. Net assets of £586k are well above the £225k asking price, largely because of the property, so a buyer acquires more on the balance sheet than the price suggests.
Key investment highlights
- Net assets of £586k against £225k asking
- Freehold industrial unit in Leicester
- Turnover up each year to £1.55m
- Team of 8
Reason for sale
The owners want to concentrate on their letting business and have decided to sell the contractor.
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 rose +5.0% in 2026.
- 2022: baseline
- 2023 (+2.3%)
- 2024 (+7.3%)
- 2025 (+4.2%)
- 2026 (+5.0%)
5 years of turnover, 2022 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 4.0% in 2022 to 5.5% 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.