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Independent Building Contractor Specialising in Refurbishment for Sale, £1.9M Turnover

Undisclosed

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    09/03/20

  • Advert ID

    257584

  • Reference

    150232 / Rightbiz

  • Call Agent:

    Registered members »

  • Turnover: £2,500,000 (£48,077 Per week)
  • Net Profit: On request

Key Features

  • Offers Invited

Business Details

INDEPENDENT MAIN BUILDING CONTRACTOR, SPECIALISING IN REFURBISHMENT AND RESTORATION

YE24 nine months management turnover of £2.5 million, with an adjusted EBITDA of £100k. Achieved turnover in excess of £3.4 million in YE23, with an adjusted EBITDA of £235k. Undertakes a broad range of commercial and residential projects, with trades and competencies including decorating, carpentry, hard landscaping, roofing and plumbing Strong regional presence, with clients including surveyors and property management companies Typically manages contracts valued between £30,000 and £800,000 Currently works with over 20 active clients, several of whom have retained its services since the foundation of the business Long-standing and highly skilled workforce in place Operates from ideally located premises in South East England, providing convenient access to Central London Offers in the region of £1.2 million.

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Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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The data showed regarding this advert 'INDEPENDENT MAIN BUILDING CONTRACTOR, SPECIALISING IN REFURBISHMENT AND RESTORATION - 150232 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.