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Business for sale in United Kingdom - Gb141-nhbc accredited building company-shropshire

Asking Price: 300,000 £ Real Estate: Lease
Sales Revenue: 1,150,000 £
Net Profit: 170,000 £
Year Established: 2000
Employees: 2FT, 1PT
# of family members employed: Not Disclosed
Location criteria:
United Kingdom/County of Shropshire/Shropshire
Relocatable

Business types:

Construction

Business categories:

Heavy Construction ; Other Construction

Business description

this very well established business has been successfully trading in the region for half a century. In that time the business has built up an enviable reputation within the industry it serves  for providing  building and maintenance services to a whole host of  clients both within the  public and private sector. Clients include county councils, colleges, housing associations, as well as a whole host of private sector companies and local architects including property developers, hotels and estates. This professional and experienced business provides a complete building service, offering high quality property and estate  maintenance, repair and refurbishment services as well as new build projects, including house builds.

 

this company is on the approved contractor list for many organisations, both public and private, all of whom have substantial estates that require maintaining and improving.  at present public sector works accounts for circa 25% of turnover with the remaining 75% coming from the private sector.  

 

the business has experienced employees, an impressive reputation and equally impressive list of accreditations. All staff are committed to providing the high standards the owner expects  and this ensures a consistent quality and professional service is provided.

 

equipment:

 

as you would expect from a business of some 50 years standing the organisation has a comprehensive inventory of wholly owned plant and equipment.  equipment includes

 

  • fleet of 8 commercial vehicles (signwritten)
  • array of plant and equipment including scaffold, power tools, compressors, ladders, saws, drills etc.

 

the business also utilises sage accounting software

 

customer service/quality assurance:

 

this business is proud of the levels of service it provides clients and this has been developed over time. This is highlighted by the following accreditations.

 

·         chas (contractors health & safety assessment scheme).n

·         nhbc  accreditation

·         federation of master builders (fmb)

into ongoing

key strengths:

 

the business enjoys a consistent order book and regular invitations to tender due to its standing and accreditations that it holds. Because of this the company achieves very consistent revenues year on year and its client base is both loyal and diverse.

 

the business has a real presence in the county and is often the first port of call for clients who require the services of a reputable and stable building firm.

growth and expansion:

 

the opportunities for continued success and growth are good. The company’s inclusion within approved tender lists for many organisations and the accreditations the business holds means it is always receiving invitations to tender for a broad range of construction projects. In addition to this the business is ideally positioned to get involved in property renovation and development themselves such is the skill sets it possesses.

 

key opportunities:

 

the business has enjoyed a very impressive trading history to date. Its client base is such that the business will continue to achieve such results in the future. However the current owner believes that the business would benefit greatly from a new injection of energy and initiatives, not least with regards to a more proactive approach to chasing work. The company receives many invitations to tender for works but does not always take up the invitation.

 

the business could also look to take on more trades in-house rather than sub contracting a lot of their existing work out should a new owner so wish.

 

Additional information

Additional information: Not Disclosed
Support & training: The current owners would be happy to provide full training and support at handover. And would be happy to stay on within the business for an agreed preiod on a part time basis should a new owner so require.
Reasons for selling: The vendors wish to spend more time abroad to enjoy the fruit of their labours.
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: no
Lease: yes
Lease terms: Current rent is circa £27,240 p.a. Rates are circa £3274 p.a.
Location: The business operates from a leasehold site but it is being sold as a relocatable business.

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