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Lucrative Mechanical Services Company In Ireland For Sale

Ireland
Asking Price:
Undisclosed
Turnover:
€3,900,000
Net Profit:
€902,000

Accredited & highly experienced mechanical services company engaged in installation, maintenance & servicing of light commercial, domestic heating & ventilation equipment primarily for local government & authority bodies.

Key Aspects

• Lucrative long terms & on-going contracts in place with several local government bodies.
• Maintenance contracts generate a source of recurring revenue year-on-year.
• Secures a high level of repeat business -95%.
• High success rate in securing new contracts through tendering & procurement processes.
• 95% staff retention rate over a 5-year period.
• Strong client networking, with relationships held with clients for 30+ years.
• Turnover has increased steadily over a 3-year period.

Opportunities

• Company providing domestic or commercial heating services with interests in securing further market share across Ireland.
• Renewable energy installation company seeking to diversify their existing service offering.
• Excellent opportunity for an acquirer to gain a strong foothold in the private sector & secure key relationships with local authorities.
• Investment into the company's depot storage units & offices would support its capacity to grow its client base, which could result in increased sales.
• Potential synergistic gains for a building services repair & maintenance company to branch into new services & scale its operations through the acquisition.