Project Mayfield
Established in the early 1990s, the company has delivered consistent returns with a core focus on bespoke furniture fit-outs in London. It has since expanded nationally and now serves affluent international clients. Following the easing of COVID-19 restrictions, the business has seen 20% annual revenue growth. The owner is now looking to retire, creating a compelling acquisition opportunity.
Going Into More Detail:
Summary
The company has delivered consistent, profitable growth, with record EBITDA for three consecutive years with FY24 revenue reaching £5.25M, up from £2.5M FY21. Growth has been entirely referral-driven, reflecting strong product quality and client satisfaction. A capable management team and well-documented processes make this a low owner-dependent opportunity.
Future Vision
With the seller preparing for retirement, expansion opportunities have been intentionally limited despite strong market demand. A substantial backlog of high-value enquiries and recent successful international projects (Barbados, Val-d’Isère) position the business well for scalable growth both domestically and internationally.
The Opportunity
This acquisition presents an exceptional opportunity to take a proven, high-margin business to the next stage of growth through marketing activation, operational scaling, and market expansion. With 'Heads of Terms' signed and well into the exclusivity period - we are looking to finalise in the coming months.