Contract Building Services, Staffordshire & North Warwickshire | | Undisclosed Staffordshire | | Contract Building Services. Approx 20 Years Trading History, Valuable Local Authority Client Base, Approved Contractor Status, Largely Involved in Zero Rated VAT Projects, Tremendous Growth Opportunities, Profitable With Low Overheads, No Fixed Offices | | ADVERT NUMBER : 32200
ADVERT IMPRESSIONS : 31,477 TIME(S) | | | | BUSINESS SECTOR: | Building / Construction | | TRADE TYPE: | Joinery & Building | | SALE: | Agent Sale | LEASEHOLD: | £OFFERS INVITED | | | | | BUSINESS DETAILS: | The Business is an established contractor of building services working mainly for local authorities in the Staffordshire and North Warwickshire regions.
Benefiting from an approved contractor status with four main authorities, the Business is a member to the FMB and Unibond Warranty Scheme, and is typically involved in new build extension, upgrade and refurbishment projects to social housing schemes.
Significantly a high proportion of Business is completed on projects that involve the installation of disabled facilities such as disabled shower and bathrooms which are zero rated for VAT.
As all projects are site based the Business has no fixed office premises and is managed from home. Free of any tie to either freehold or short leasehold premises enhances the ease of a swift business re-location.
Also involved in a small amount of private house extension and renovation project work, the Business offers various areas of growth potential and has shown a steady increase in both turnover and profit in recent years.
Our Client has a genuine reason for sale and is happy to consider a short period of handover introduction.
KEY FINANCIALS: ‘08 T/O £282k pa GP 24%, Adj. Net £54k pa Projected ’09 T/O £300K+
ASKING PRICE: £OFFERS INVITED | | | | | | SOLD or WITHDRAWN FROM MARKET | | | | | | | | | | | |
