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Groundworks & Civil Engineering Services Provider in Housing Market, £58.6M Turnover

Undisclosed

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    06/04/22

  • Advert ID

    293371

  • Reference

    150292 / Rightbiz

  • Call Agent:

    Registered members »

  • Freehold: Price on Application
  • Turnover: £58,600,000 (£1,126,923 Per week)
  • Net Profit: On request

Key Features

  • Offers Invited

Business Details

PROVIDER OF GROUNDWORKS AND CIVIL ENGINEERING SERVICES IN THE NEW HOUSING MARKET

Achieved turnover of £58.6 million, with an adjusted EBITDA of £5.1 million. Turnover is forecast to reach £70 million in the next financial year. Offers a comprehensive range of specialist groundworks and civil engineering solutions, predominantly working on residential construction projects. Operates on a national basis, with clients including many of the UK’s leading housebuilders, benefitting from over 30 years’ experience in the sector. Benefits from a high volume of repeat business, with a number of client relationships spanning over 30 years. Possesses an extensive range of state-of-the-art equipment and a fleet of modern vehicles, also holding a number of prominent accreditations. Strong pipeline of confirmed and upcoming projects in place for the coming years, with a collective value of £76.8 million. Long-standing and highly experienced management team in place, with all shareholding Directors advising that they are open to remaining with the business in some capacity, post-sale. Operates from well-connected freehold premises.

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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 'PROVIDER OF GROUNDWORKS AND CIVIL ENGINEERING SERVICES IN THE NEW HOUSING MARKET - 150292 / 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.