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Essex-Based Home Improvement Business Mid Construction Ltd For Sale, £260K Annual Turnover

Undisclosed, Essex
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Well Established and Highly Respected Building, Home Improvement and Maintenance Company Photo 1
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Well Established and Highly Respected Building, Home Improvement and Maintenance CompanyWell Established and Highly Respected Building, Home Improvement and Maintenance CompanyWell Established and Highly Respected Building, Home Improvement and Maintenance CompanyWell Established and Highly Respected Building, Home Improvement and Maintenance CompanyWell Established and Highly Respected Building, Home Improvement and Maintenance Company
  • Status

    FOR SALE

  • Date Submitted:

    03/10/23

  • Advert ID

    600645

  • Reference

    BStL231189 / Rightbiz

  • Call Agent:

    Registered members »

  • Asking Price: £249,900
  • Turnover: £257,000 (£4,942 Per week)
  • Net Profit: On request

Key Features

  • Established Business
  • Home Based
  • Offers Invited

Business Details

Well Established and Highly Respected Building, Home Improvement and Maintenance Company

Mid Construction Ltd have been established since 2012 and work directly for local authorities, main contractors, and private individuals as well as leading DIY retailers such as B&Q.

They have a varied team of skilled personnel suitably trained and accredited in all areas of works undertaken. Accreditations include Gas Safe Certificate, Construction Line Gold Member, Acclaim Accreditation and SSIP accreditation.

The business is easily transferable as operated from home office.

The current owner is only selling the business as he intends to move abroad to start a new life and business operation.  He has indicated he will allow sufficient time to work with the new owner to ensure a smooth transition.

This is a rare opportunity to acquire a company in the building and construction sector that is primed ready for scalability. It is difficult and time consuming for competitors to obtain the necessary experience and credentials required to be invited to tender for direct local authority works in London and the home counties.  

It is also difficult to be included as an approved contractor invited to work on behalf of UK leading retail companies such as B&Q for example.

As this is a limited company sale the new shareholders will immediately be in position to tender for as much work as they are able to manage providing controlled scalability opportunities from day one.
The present owner has deliberately kept the turnover to a manageable level where he can personally oversee all operations directly focusing on delivering quality and excellent customer service.

Turnover is circa £260,000 per annum with operating pre-tax profits averaging around £53,000 per annum.
The sale price has been positioned to consider the company’s overall tender value opportunity and accreditations as well as the asset value.
Contact us for more information.

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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.

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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.

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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.'.

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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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The data showed regarding this advert 'Well Established and Highly Respected Building, Home Improvement and Maintenance Company - BStL231189 / 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.