Well Established Civil Engineering Company In Lancashire | | Undisclosed Lancashire | | Well established Civil Engineering Company in Lancashire | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 56796
ADVERT IMPRESSIONS : 16,134 TIME(S) | | | | BUSINESS SECTOR: | Manufacturing / Engineering | | TRADE TYPE: | Other | | SALE: | Agent Sale | FREEHOLD: | £599950 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | This well-established and respected family owned civil engineering company specialises in general aspects of civil
engineering across the North of England.
This full service enterprise maintains an extensive base of satisfied repeat accounts that appreciate prompt
service and expert approach to its service. The company is well known within its sector and offers over 20 years
of direct industry experience.
This company is an ideal investment, especially with its solid adjusted profit margins and is a recognised
established name in the industry. A still growing base of satisfied repeat accounts and clientele, as well as new
referrals and customers has allowed business to excel during testing economic climes.
The business is based in Lancashire, however offers potential not only to expand in this region, as well as to move
into other areas of the UK to tender for business.
The business grew significantly in the early 00’s and this continuous and rapid development of the company led to
a workforce of over 40 at its peak. However, this huge growth also did not allow for a solid foundation to be built
behind the company, and in recent 2008-2009 trading years, the company unfortunately fell on some difficult
trading periods. This however was quickly ironed out, and the company now has a stable footing as well as ample
current and future demand.
The business now needs a capital injection to enhance its already superb standing and in order for the business to
grow in a more sustainable manner.
Customer Service:
This business has always took pride in its customer service and prompt and proactive approach to its work. This is
proven with its good name within the construction sector as well as having a large number of repeat clients.
Key Strengths:
The business has had some testing trading times as many within its sector, however in recent times has shown
excellent turnover growth, with an increase of over 25% between 2009 and 2010, as well as maintaining vital
clients, thus ensuring a prosperous future.
The business has shown some relatively inconsistent profit growth, including some loss making years since 2006,
however this was due to the rapid expansion of the business which was ill managed. Any new, experienced
operator would need to ensure this expansion was done correctly and timely, avoiding any loss. The business,
however, has still shown excellent adjusted net profits, even in recent times.
The business has maintained a regular and repeat client base, which bodes well for future growth and
development.
The current proprietor is willing to take a senior role at the company after an acquisition is made in order to
assist in the growth of the business.
It is believed that the construction industry has seen the worst of its economic times, and that growth within this
sector is imminent, which makes well established and companies in need of capital injection, an ideal acquisition
opportunity. | | | | | | FOR SALE | | | | | REFERENCE: | 0497 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
