| | | BUSINESS FOR SALE ADVERT DETAILS | | | ADVERT VIEWED : 53,477 TIME(S)
BUSINESS REFERENCE : GF022 / RightBiz CIVIL ENGINEERING AND BUILDING CONTRACTOR | | | | | | Civil Engineering and Building Contractor Confidentially offered for sale Ref No: GF022 Location: West Wales Asking Price: £2,000,000 | | | BUSINESS LOCATION: | Undisclosed Relocatable UNITED KINGDOM | | BUSINESS SECTOR: | Services | | TRADE TYPE: | Joinery & Building | | SALE: | Agent Sale | FREEHOLD: | £2000000 | | | | | | | | | | | BUSINESS DETAILS: | Business Profile:
This company was formed in 1981 and over the years has established itself as one of the leading civil engineering companies West Wales. It has an enviable reputation for honsty, integrity and a highly professional aproach with clear lines of communication and an absolute commitment to client care.
Its portfolio of work is broad ranging with a capabilty to handle contracts with a value up to a million pounds. The company policy of handling all types of work has given it an excellent grounding and on going commercial stability where others with a narrower field of operation have failed.
Its clients generally come from a fifty mile radius of its base and include private individuals, the farming community, commercial and industrial operators. It also enjoys long standing rolling contracts with the Welsh Assembly, Welsh Water, United Utilities, and a number of Local Authorities and County Councils.
Customer Service:
The company has a number of long standing client relationships. These have been maintained through a blend of effective tendering, clear methodology, strong lines of customer contact, honesty and a non-confrontational method of problem solving. This creates a relationship based on trust which invariably results in repeat business, additional opportunities, and a high level of referred business.
Key Strengths:
Established for twenty seven years
Turnover of over £2.6m
No Borrowings
Consistent performance
Long serving and loyal workforce
Strong client relationships
Pioneering apprenticeship scheme
Growth and Expansion:
The construction market in South Wales is extremely buoyant with a number of high profile regeneration projects and on going developments taking place across the country. Such is the level of enquiries that this company can afford to be selective with its chosen tenders. The company presently has a forward order book of over £1.25m .
Employees:
All staff have written terms and conditions of employment and many are long serving employees. This level of loyalty has been created by careful selection followed by an induction process that instills company expectations and operating standards.
Two directors
One site agent
One office manager
Six Foremen
Circa twenty gangers and workers
Advertising and Marketing:
The business has no requirement to advertise.
Premises:
The modern, well appointed freehold premises are located on a prime industrial estate and cover a total area of around one point one acres. There are two circa two thousand square feet of office space. There is also a workshop of circa two hundred and forty square feet. There is parking for about twelve vehicles.
The building is fully alarmed.
Financial Information:
The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler. The business enjoys a turnover in excess of £2.5 million with gross profits being circa £1.5 million.
Reason for Sale:
The key director has decided to retire
Support and Training
The managing director is very keen to see the business continue to flourish and will be very willing to remain in the business as an employee for an agreed period or to act as a consultant on an on going basis | | | | | BUSINESS STATUS: | FOR SALE | | | | | SELLER: | TURNER BUTLER | | CONTACT: | 01895 25 6000 | | REFERENCE: | GF022 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
