Building Company Maintenance Refurbishment & New Build Services | | Undisclosed Lancashire | | Building Company- Maintenance, Refurbishment & New Build Services Public & Private Sector Ref.GB095 Location Lancashire Asking Price £400,000 | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 18949
ADVERT IMPRESSIONS : 32,598 TIME(S) | | | | BUSINESS SECTOR: | Building / Construction | | TRADE TYPE: | Joinery & Building | | SALE: | Agent Sale | LEASEHOLD: | £400,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Business Profile:
This very well established business was set up by the vendor back in 1980. Since then 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, universities, NHS Trusts, as well as a whole host of private sector companies and local architects. 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.
This company is on the approved contractor list for some twenty separate organisations, both public and private, all of whom have substantial estates that require maintaining and improving. At present public sector works accounts for circa 70% of turnover with the remaining 30% coming from the private sector.
The business has very skilled and trustworthy employees, an impressive reputation and equally impressive Heath & Safety record. All staff are committed to providing the high standards the owner expects and this ensures a consistent quality and professional service is provided with projects being completed on time and within budget- a pre-requisite for many of the public sector works it carries out.
Equipment:
As you would expect from a business of some 27 years standing the organisation has a comprehensive inventory of wholly owned plant and equipment. Equipment includes
• Fleet of 9 commercial vehicles (signwritten)
• Array of plant and equipment including scaffold, power tools, compressors, ladders, saws, drills etc.
Customer Service/Quality Assurance:
This business is proud of the levels of service it provides clients. This is highlighted by the following accreditations.
• CHAS (Contractors Health & Safety Assessment Scheme).n
• Construction Line
• Federation Of Master Builders (FMB)
• C.I.T.B
• SAFE ContractorFederat
into ongoing
Key Strengths:
The business enjoys a consistent order book and 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 commitment to quality of work and speedy service has enabled this business to build up an excellent, broad, longstanding and regular Client base who are very loyal to the business because of its ability to service their own needs personally and effectively.
Having built an excellent reputation within the industry this business enjoys strong word of mouth recommendation and referral business is common.
Growth and Expansion:
The opportunities for continued success and growth are massive. 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.
Key Opportunities:
The business has enjoyed a very successful 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 some additional investment in resource to take it beyond its current levels.
Employees:
The owner of the business work full time within it as Managing Director alongside his wife who is company secretary. The business also employs a Contracts Manager and 3 Site Foremen all on a full-time basis.
In addition to this the business employs some 20 trades people on a full time basis. Most of the staff have been with the business several years, have good skill levels and have a good understanding of their customers requirements.
The business also has a pool of trustworthy and reliable sub contractors they can call upon as and when required
Advertising and Marketing:
This well established and reputable company does not use any formal advertising or marketing strategy, most new business is generated from ongoing client requirements, tender invitations, repeat business and word of mouth recommendations, bearing strong testimony to the business’s excellent reputation.
As fully accredited members of CHAS, SAFE, CITB, FMB and Construction Line the business does enjoy exposure to many potential clients both public and private, through each organisations website and publications.
There is opportunity to expand the business’s profile with a strategic sales and marketing programme should a new owner so require.
Premises:
The business operates from a site that the vendor also owns. The business rents the premises. Current Rent and rates circa £10,000 p.a. The business is located on a small industrial estate with good access close to local amenities in a suburb of the city. The premises comprise a two storey building with 4 offices, kitchen, toilets, stores and external storage area. There is parking to the front of the building for 5 cars. The premises would be made available to a new owner should they so require subject to negotiation.
Business Hours:
Monday – Friday: 0745-1700
Security:
The premises are fully secure with a comprehensive alarm system and grills.
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 consistently achieves turnover circa £1.3 Million per annum with impressive adjusted net profits of circa £120,000 p.a. The business is an approved contractor to many sought after organisations in the region and has very strong relationships with many of them.
Reason for Sale:
The vendor believes he has taken the business a far as his own capabilities allow. He also wishes to spend more time in his property abroad.
Support and 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.
| | | | | | FOR SALE | | | | | REFERENCE: | GB095 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
