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Business for sale in United Kingdom - Gk173-fire protection subcontractor-midlands

Asking Price: 550,000 £ Real Estate: Lease
Sales Revenue: 1,400,000 £
Net Profit: 235,000 £
Year Established: 1994
Employees: 13FT, 1PT
# of family members employed: Not Disclosed
Location criteria:
United Kingdom/City of London/Midlands

Business types:

Business services

Business categories:

Other Business Service Businesses

Business description

Turner butler are delighted to be appointed as sole selling agents for this exciting business opportunity which has never been brought to the market for sale before. this company has been dynamically owned and managed by its 2 directors since its inception in 1994, utilizing their collective generic experience of this sector which stretches back some 30+ years. so skillful have they been at moulding and growing this undoubtedly successful company that, even in harder economic times for theirs and associated sectors, the company continues to flourish and grow. the company s speciality is in the sectors of fire protection and sound insulation, and their services include:- fire protection fire stopping acoustic insulation air sealing sound attenuation dry lining the company has operated on a strong business model of reliability and integrity, with the highest levels of accreditation attainable. To this end the company has become a trusted source for their range of services by an ever increasing client base, all of which know and respect their level of commitment to excellence. the high levels of repeat business and word of mouth recommendation for the company stem from the investments they have made in the accreditations they hold. These quality associations and accreditations include:- firas constructionline chas (construction health and safety) citb registered investor in people this excellent opportunity becomes available due to the directors wish to have the time to enjoy family commitments and develop other life interests. The business is turnkey ready and would perfectly suit bolting on to another company s operation in the same or parallel sectors, thus instantly adding turnover and profitability. equipment: the company owns and maintains an inventory of equipment, tooling and machinery to enable the smooth flow and efficiency of their daily operations. all such inventory is expected to be included in a successful sales package. customer service: as previously mentioned, customer service has always been one of the very cornerstones of this company s business model, and to this end their reputation is beyond question. key strengths: the key strengths of this company are many. However, their adherence to strong working practices, both in terms of health and safety and firas audit place the company on a very strong trading platform for the future. key opportunities: although the sound operating base of this company continues to grow organically, the directors feel that a new owner may wish to increase staffing levels to be able to compete and win even more contracts which are currently not being pursued.

Additional information

Additional information: Not Disclosed
Support & training: Full support and any necessary training will be provided during handover as part of a successful sale package.
Reasons for selling: As already mentioned, the Directors now wish to enjoy more time with their families, although they may consider a limited period of retention if required.
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: no
Lease: yes
Lease terms: The current lease for these offices and stores runs until 2014 approximately, with rent coming in at an economical annual cost of circa £8,800 per annum. Rates come in at an equally economical circa £1,600 per annum.
Location: The company operates from premises connected to all main utilities (apart from gas) in an industrial development which is nicely central in its location. The current lease for these offices and stores runs until 2014 approximately, with rent coming in at an economical annual cost of circa £8,800 per annum. Rates come in at an equally economical circa £1,600 per annum.

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