| | | BUSINESS FOR SALE ADVERT DETAILS | | | ADVERT VIEWED : 5,719 TIME(S)
BUSINESS REFERENCE : GF020 / RightBiz GROUNDWORK CONTRACTORS | | | | | | Groundwork Contractors Confidentially offered for sale Ref No: GF020 Location: Oxon/Berkshire Borders Asking price: £3,500,000 | | | BUSINESS LOCATION: | Undisclosed Berkshire UNITED KINGDOM | | BUSINESS SECTOR: | Services | | TRADE TYPE: | Joinery & Building | | SELLER: | Agent Sale | LEASEHOLD: | £3500000 | | | | | | | | | | | BUSINESS DETAILS: | Business Profile:
The sale of this business presents a rare opportunity to acquire an extremely well organised and highly successful business. Established by our clients in 1995 there is genuine and demonstrable scope for substantial growth of the business.
The Company offers a range of groundwork services to the construction industry, with the majority of its work being carried out on new housing development.
Foundations, roads, and all services can be carried out to a high specification, within budget and on schedule.
Through its trading history, this Company is the preferred supplier of large house building companies, and as such has substantial work in progress and are as busy as they choose to be so are currently turning large amounts of work away. A strong indication on the quality of works provided.
The Company has previously invested all its efforts in the Oxfordshire area, but is now ideally poised to fulfil contracts and bid for tender in other key geographic areas.
A strong cash flow, substantial order book and an extensive list of high profile works already to its name, make this Company a superb opportunity for the right investor.
Customer Service:
This business has expertise, highly skilled personnel and reliability.
As well as its dedication to customer satisfaction, it has attracted and continues to attract new referrals and an extensive base of very satisfied clientele. As a plus, key personnel are willing to continue with the company, promoting the growth and the success of the business.
The company combines large company experience with small company flexibility. It is particularly renowned for the quality and dependability of its pre-contract planning and problem solving capabilities.
Key Strengths:
· Very well established business providing high customer service levels
· High level of self sufficiency, giving competitive pricing and fast turnaround
· Enviable customer base
· Excellent operating margins
· Strong reputation among clients
· High repeat business
· Flexible business
· Commitment to providing a quality service
· Excellent reputation with clients and suppliers
· Thorough and efficient service
· Solid client base
· Strong profit growth
· In depth knowledge of business
· Careful attention to detail
· Excellent reputation
· Recognized industry name
· Few competitors
· Overheads kept to a minimum
Key Opportunities:
The existing owners have been content to stay focussed primarily on the local area, ignoring the vast opportunity to market their successful formula further afield.
The business would benefit from further sales and marketing development, direct or otherwise. Already the preferred company of a few corporate clients with such a strong portfolio of work and excellent record of accomplishment to sell from there is the potential of being able to develop links with other organisations; this will ultimately generate further business.
With a strong demand for services and capacity to increase turnover, a new owner would contribute fresh marketing ideas and outside influence to build on an excellent base
· Already turning business away due to being as busy as they wish to be
· Vast scope to incorporate a business website to further expose the business
· Opportunity to tender for lucrative contracts and works
· Opportunity to expand into other area’s within England
· Huge potential for expansion of the business
· Scope to employ further staff
· Excellent opportunity to advertise the business further
Employees:
The Company has in place a sound management structure, which means that the business does not depend on the Owners involvement on a day-to-day basis.
The staffing consists of 65 staff in total, most of whom are on site, including managers and supervisors, with two office admin staff.
Advertising and Marketing:
To date, new work and the very healthy cash flow have been generated just from word of mouth recommendations - there has been little or no sales effort, little advertising, no brochures, and no use made of the company’s presence on the internet.
By using any of the above mediums, the business could dramatically increase its presence, turnover and bottom line.
Premises:
This is business that can be relocated or assimilated by an existing company easily as the current owners operate from an office set up at home in order to maximise profits by controlling overhead costs.
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 business is financially stable enjoying a Strong Order Book and high profits
Turnover this year will be in the region of £7.5 Million with Gross Profit exceeding £676,000, Net profit exceeding £150,000, with tremendous scope for growth.
Reason for Sale:
The Owners are placing this thriving business on the market as they have reached the age where they wish to retire and to move abroad.
Support and Training
Owners agree to a reasonable transition period and are willing to offer their full support to the new owners | | | | | CONTACT: | TURNER BUTLER | | TELEPHONE: | 01895 25 6000 | | REFERENCE: | GF020 / RightBiz | | ENQUIRIES: | | | | | | | | | | | | | | | | | | | | |
