Specialist Building Contractors | | Undisclosed Buckinghamshire | | Specialist Building Contractors Niche contract building company specialising in projects through well known Loss Adjusters & Insurance Companies Ref no:GB076 Confidentially offered for sale Location: Buckinghamshire Asking price £200,000 | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 8184
ADVERT IMPRESSIONS : 42,121 TIME(S) | | | | BUSINESS SECTOR: | Building / Construction | | TRADE TYPE: | Joinery & Building | | SALE: | Agent Sale | LEASEHOLD: | £200,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Business Profile:
This business was founded in 1996 by the Vendor with a generous combination of innovative insight and entrepreneurial spirit and has grown since to become a significant enterprise with a reputation for the quality and flexibility of its building contracting services, people and reliability.
The business operates from a prime location in Buckinghamshire and has established itself as one of the region’s leading providers of insurance claim based, building services to predominantly Loss Adjusters and Insurance Companies, some being well known house-hold names. Many current customers have been loyal to the business since the very beginning and this has been due in no small part to the business’s competitive quotations, quality people, first class service and attention to detail.
The business has always believed in the pursuit of excellence, installing new technology, constantly reviewing and updating its service commitment and its methods of business, for example its commitment to individual staff productivity, ensuring that valued customers receive the very best service and quality of product.
The business has shown itself to be resilient in the face of competitive and economic forces and has maintained strong and significant growth over its 11 years of trading. The business is further supported by exemplary relations with key suppliers who have helped to ensure that whatever the project issue, service and availability is never compromised and that customers are as a result never let down. This commitment to essential business relationships has underpinned this business’s abilities in service quality and sustained business growth.
No small part in the ability of this business to grow and sustain its profitability is due to the quality of its people; which has contributed, alongside investment in technology, to the excellent profitability of the business and its current position as it is poised to exploit expected and significant new growth in turnover.
This business’s professional approach, plus considerable management expertise has earned the company an excellent name. The company provides its comprehensive range of services principally to quality commercial customers on a long-term contract and repeat basis. The extensive client list reflects the business’s main focus; to provide solutions for organisations that want to reflect their commitment to projects of high integrity and customer satisfaction.
The business has an established record within the large scale domestic property development sector and understands the importance of honest and robust working relationships at every stage of the build process, from initial client brief to the project management of all contractors involved.
Since the first days of trading demand for this company’s excellent services have been in solid demand with barely a reduction in pace felt in all that time.
Projects are secured through referral and negotiation and or competitive tender.
Quality Assurance:
Sub contract staff are CORGI and NICEIC registered where required and the business works to NHBC standards and offers a 10 year guarantee on all projects. It is committed to a policy of Quality Assurance and provides the highest possible quality of service to clients. The business has also developed its own quality system, which provides clients with the assurance that all services supplied will meet consistently high standards.
Health and Safety:
All materials and working practices used by the company are cleared by the Health and Safety Executive and always considers safety as a priority in the installation of systems in all properties.
Key Strengths:
The business is a contractor for many major organisations with business sourced through direct recommendation from clients, specifiers or consultants. The company is quite diverse in the range of services provided and pride themselves on their commitment to projects and their ability to adapt to suit the customer’s exact needs.
The business has an excellent reputation for project management, fast response, attention to detail, customer care, end user focus and integrated approach. Significant repeat business is obtained from a loyal and satisfied client base and is continually growing. This well-respected Company focuses on quality workmanship and value for money supported by a full guarantee on all work undertaken and can vouch for virtually no recalls on projects in 11 years of trading.
The business has excellent cashflow with clients payment typically within 6-7 weeks of presentation of an invoice. The business also benefits from market demand of such strength that it often finds that it cannot take on every project that is offered – an enviable position.
Growth and Expansion:
This specialist business maintains an extensive base of satisfied clientele who appreciate superior service together with a widespread reputation. The key to maintaining the high degree of customer loyalty is the strong service orientation.
The company has undertaken no marketing and a high percentage of recommendations are by word of mouth. More assertive marketing and promotion within the appropriate market sectors and the development of a comprehensive and attractive website, could acquire an even larger slice of the market and further increase the turnover.
Growth is set to continue with demand outstripping supply; the Company is well positioned for local authorities, main contractors and other public and commercial projects. A new owner will contribute innovative ideas and outside influence to build on this excellent base.
Premises:
The business operates from flexible serviced offices of circa 300 square feet with annual rent and rates inclusive paid at circa £7,600.
The premises are located in a converted period building close to main trunk roads and motorways and is fully relocatable.
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.
The turnover is on course for 2008 to be circa £800,000 with Gross profits of circa 28%. All equipment is paid for and the business is financially stable with no borrowings, very low overheads, positive cash flow, enjoys a strong order book currently circa £300,000 and work in progress, high gross profit and has shown consistent growth over 11 years trading.
Employees:
This professional very effective and efficient business operates with a loyal and fully functional sub-contract building team.
The business employs the Vendor and 2x administrators who are supported by a loyal team of sub contractors and with the Vendor are responsible for day to day operations.
Reason for Sale:
The business is for sale as result of the vendors’ wish to retire.
Support and Training:
The vendors are happy to provide a training period for a length of time to be negotiated prior to the sale | | | | | | FOR SALE | | | | | REFERENCE: | GB076 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
