Project Yard

An opportunity to acquire the business and assets of an established builder’s merchant which operates from four sites across Lincolnshire and 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.

Financial summary is set out below:

Expressions of Interest

Interested parties will be required to sign a non-disclosure agreement (NDA) before further information is provided. Please see below contact details to obtain 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. 

For Further Information

Further information is available upon completion and return of a Non-Disclosure Agreement (NDA), which is available on request. Enquires should be directed in the first instance to:

Martin Barron
E: [email protected]
T: 07879 430 400

Ashley Horsfall
E: [email protected]
T: 07929 096 029