Property Maintenance Company | | Undisclosed West Midlands | | Property Maintenance Company Ref.CR094 Location Midlands Asking Price £750,000 | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 43409
ADVERT IMPRESSIONS : 37,267 TIME(S) | | | | BUSINESS SECTOR: | Commercial Property | | TRADE TYPE: | Other | | SALE: | Agent Sale | LEASEHOLD: | £750,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Business Profile:
This company has been trading for approximately seventeen years and is a well established and respected operator in its market sector. It has four main contracts with a national property services company who work exclusively for City Councils and a number of additional commercial relationships with housing associations. Contracts include ground works, brickwork, fencing and internal works, roof repairs, and void property services to bring the premises back to a standard fit for habitation. The business also carries out a large amount of work for a National chain of Childrens Nursery’s . Their success in this sector has been based on their ability to understand and work around the sensitivities and demands of the client and to operate in challenging surroundings during the normal working day of the nursery’s. They are also extremely active in the major loss market and act on behalf of insurance companies working closely with a number of loss adjusters. In addition they have their own division which supplies scaffolding equipment to their contracts thus negating the need to bring in outside sub contractors. This increases efficiency and profitability.
Equipment:
One seven and a half ton lorry
Two thirteen foot flat bed lorries
One tipper
Two closed vans
Substantial quantity of new scaffolding.
Customer Service:
The company has a rigid policy towards client care and job fulfilment. Every job has its own unique reference number. Photographs are taken before and after each project. A full audit trail is available including purchase orders, completion times and dates, job breakdown by item, process and invoicing. Such attention to detail has helped to build an enviable reputation and this is underpinned by regular Health and Safety audits carried out by CHAS which reviews and scores the company on its efficiency. These audits have consistently produced results in the top ten percent of the available bands.
Key Strengths:
Long-standing contractual relationships
Excellent management systems
Well-located secure premises
Strong management with good commercial connections
Profitable company
Controlled overheads
Growth and Expansion:
There is as much work available as the company can cope with. Additional markets would include listed buildings, accoustic flooring and concrete works.
Employees:
Two directors. One will stay with the business for a twelve-month handover period.
Two managers
One Scaffolding supervisor
Two Scaffolding labourers
One main roofing supervisor
Three roofers
One bricklayer
One general labourer
Two multi skilled tradesmen
Sub Contractors on demand
Premises:
The leasehold premises cover approximately a third of an acre. They are well situated and easily secured. The open plan offices are well appointed and have a small kitchen area and toilets. The present lease has three years left to run at an annual fee of £10,000 per annum.
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.
Reason for Sale:
The director and sole shareholder of the business has decided to take early retirement
Support and Training
One of the directors will be prepared to stay with the business for a twelve-month handover period to ensure that the transition is seamless.
| | | | | | FOR SALE | | | | | REFERENCE: | CR094 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
