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Established West Sussex Construction Company Boasting Annual Contract Work and Diverse Trade Skills

Undisclosed, West Sussex

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    14/02/23

  • Advert ID

    508357

  • Reference

    INT2571 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £1,100,000
  • Turnover: £1,654,362 (£31,815 Per week)
  • Net Profit: £311,589 (19% Profit margin)

Business Details

Established General Builders & Construction Company With Consistent Annual Contract Work


    Offering a wide range of services including but not exhaustively, groundworks, general building, kitchen fitting, carpentry, plastering, painting and general property maintenance either in house or on a quality sub contract basis, most projects are undertaken for councils and housing associations, resulting in regular and repeat annual revenues. Enjoying a large geographical reach, and headquartered in their leasehold Chichester premises, the business covers a big catchment taking in Surrey, The South Coast and The South East and London.

    With long-term agreements and contracts in place, the business shows consistent headline figures. The most recent year-end (October 2022) delivered a turnover of £1,655,000, gross profit of £545,000, EBITDA of £249,000, and net profit of £311,000 (profits have been normalised to reflect a standard operating position - more information is available upon request).

    Established in 2017, they have maintained an exceptional reputation, being noted for their high standard of work, thus securing many returning clients, repeat custom, and local authority referrals. As an approved 'Safe Contractor' the business benefits from a tipping license, waste carrier’s license, CHAS accreditation, and certification for sub-contracting.

    Turnover has doubled year on year since incorporation, yet plenty of scope and growth remains. This is a highly profitable bolt-on or potential acquisition for anyone looking to quickly grow, or add an extra geographical area to their existing operation.
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    Contact Agent

    Contact the seller for more details, or book a viewing

    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

    Do not 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.

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    Send a test amount before you consider handing over a large amount 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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    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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    Disclaimer

    The data showed regarding this advert 'Established General Builders & Construction Company With Consistent Annual Contract Work - INT2571 / 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.