Independent Acoustic Consultancy Company for Sale
- An outstanding opportunity to acquire a well-established independent acoustic consultancy in the North of England.
- The company offers expert analysis, advice and design in all areas of noise and vibration using state-of-the-art technology.
- Established in the late eighties, the company has successfully traded through several periods of recession and continues to demonstrate a very stable revenue base.
- The company has an unblemished track record with no claims on their professional indemnity insurance since the company’s inception.
- On average the company attracts 60 new clients per annum.
- 97% of the company’s projects come from either existing clients or from recommendations.
- All consultancy staff are members of the Institute of Acoustics.
- The company is a member of the Association of Noise Consultants.
- The company has a solid policy of recruiting only the best people in the field
- The company provides a culture of continual professional development as well as excellent benefits and a positive environment for their staff which gives rise to very low staff turnover.
- Current market conditions would support aggressive growth, providing additional staff of an appropriate quality were available.
- The acquisition of the business would represent a significant opportunity particularly for either a multi-disciplinary consultancy seeking to add an acoustics arm, or a multi-disciplinary consultancy who already have an acoustic consultancy division but who would benefit from a strong business unit in the North of England.
Services
- Architectural Acoustics
- Sound Insulation Testing
- Environmental Noise
- Auditoria Design
- Building Services
- Occupational Noise
- Planning
- Vibration
- Legal Services
Employees
- A part-time Director, 2 Principal Consultants, 2 Senior Acoustic Consultants, 2 Acoustic Consultants, 2 Acoustic Technicians and 2 part-time secretaries.
Premises
- A 2464 sq. ft. premises in the North of England owned by the vendors.
- The current rent is £28,800 p.a.
- The rates are £6492 per annum
- The lease runs until 3rd August 2023.
- The vendors would consider selling the property if this suited the acquirer or would consider putting a new lease in place.
Reason for sale
- The vendor now wishes to concentrate on his other responsibilities within the field of acoustics. Since the vendor’s semi-retirement in 2009, the company has been managed by its two Principal Consultants.
Financial overview
Year ending 31st March |
2012 |
2013 |
2014 |
2015 |
Sales revenue |
£511,450 |
£504,251 |
£515,812 |
£572,147 |
Gross profit |
£500,295 |
£500,026 |
£512,548 |
£565,023 |
Percentage |
98% |
99% |
99% |
99% |
Adjusted EBITDA |
£55,134 |
£68,527 |
£105,659 |
£98,496 |
Percentage |
11% |
14% |
20% |
17% |
UNDER OFFER