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Construction company for sale in Tring Hertfordshire seeking new ownership

Tring, Hertfordshire

CONFIDENTIAL

  • Status

    FOR SALE

  • Advert ID

    654017

  • Asking Price: £700,000
  • Turnover: £720,000 (£13,846 per week)
  • Profit: £170,000 (24% Profit margin)

Business Details

Well established construction company for sale with huge scope for expansion

We are a professional construction renovation and new build Construction company.

I have been trading in the local area for 18 years and went limited 5 years ago with one labourer, Since then we have grown year by year, turnover and increased consistently every year, men on the ground has increased consistently also. We are fully booked for the next 10/12 months and currently still pricing new work weekly.

We offer in house Architectural and Structural designs and complete turn key construction needs, We cover all aspects of construction in the residential market a complete one stop shop. Our target market is mid to high end 

We have strong books available have no debts in the company at all, cleared tax paid money in the bank accounts and all tax bills are paid nothing outstanding at all.

Our work primarily comes form recommendations and referrals, along with new enquiries on a regular basis.

We are multi award winning and trading standards approved along with also being part of the Federation of master builders.

I run the whole company myself form start to finish and have come to realise that I am limiting the company as I physically cannot work or accommodate any more work on my own.

I would be open to to remain working at the company long term for the new owners.

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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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