Specialist Office Refurbishment Company | | Undisclosed West Midlands | | SPECIALIST OFFICE REFURBISHMENT COMPANY, West Midlands. Niche sector with 70% repeat orders. Long term relationships. £1m contracts currently under negotiation. EBITDA £130k. Price on application. Leasehold. | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 40868
ADVERT IMPRESSIONS : 24,950 TIME(S) | | | | BUSINESS SECTOR: | Services | | TRADE TYPE: | Other | | SALE: | Agent Sale | LEASEHOLD: | £POA | ANNUAL RENT: | £16560 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | The business provides partitioning, suspended ceilings and specialist joinery services to a customer base spread across the whole of the UK. It is usually engaged directly by the end user and not as a sub-contractor.
Our client provides a full turnkey service to its customers with in house surveying, design, consultancy and project management which includes organising all relevant sub-contractors for electrical, air conditioning and other work as required.
It services commercial and industrial markets enjoying an excellent reputation to the extent that 70% of its work is from existing customers and only 50% is subject to competitive tendering. The company has been on one particular site permanently for over 18 years.
It enjoys a particular niche within the communications room sector. This market demands very high standards and has been very lucrative, with a further 2 years work worth £1m required.
Property Details: Leasehold
Price on application
Turnover: £814,000
Location:The business is located in the West Midlands, but operates nationwide.
Premises Details:The business currently leases its premises from the vendor. It is envisaged that the existing lease will continue, although the freehold may be available if required.
Size in Sq Ft: 3552
Lease Terms:The rental is £16,560k p.a. A 10 year lease was agreed in 2008, with 2 yearly rent reviews and a five year break.
Reason For Selling:Retirement | | | | | | FOR SALE | | | | | REFERENCE: | C1168 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
