Project management and quantity surveying practice.

Long established practice providing project management and quantity surveying services to residential property developers.

The practice was established in 1988 and provides an integrated project management and quantity surveying service to property developers, with a focus on residential development across London and the South East. The business is run by family, a husband and wife team who manage projects, deal with clients and contractors on a daily basis.

A schedule of services and systems is in place for each stage of every scheme, from managing the pre-tender process before contractors are appointed through to managing the build contract to completion. Fees are charged at 2 percent to 5 percent of scheme value, with the average fee circa £60,000 per scheme over a typical two year duration.

With an established client base and solid reputation for delivery, approximately 90 percent of revenue is repeat business, with developers approaching the practice directly with new projects and many client relationships stretching back many years.

Turnover has been consistent, it was £459,625 in 2023, £477,542 in 2024 and £382,408 in 2025, with adjusted EBITDA of £299,172, £309,694 and £208,672 respectively. With known schemes projected to generate over £450k in 2026 and over £550k in 2027 without additional work factored in.

The business operates remotely with a serviced office held under an annually renewable agreement, the business is not reliant on suppliers, marketing spend and employees, beyond the owners, so fee income is set against a very minimal cost base.

Opportunities exist to expand beyond London, diversify into other property sectors and invest in marketing for the first time.

The owners are past retirement age and are seeking a full exit, with a consultancy role considered for a transitional period.

Highlights - 

• Established in 1988, serving residential property developers across London and the South East;
• Approximately 90 percent repeat business, with many client relationships stretching back many years;
• Committed schemes already projected to generate over £450,000 in 2026 and over £550,000 in 2027 without additional work factored in;
• Very minimal cost base, without long term property commitments, virtually no suppliers and no staff beyond the owners;
• Untapped growth opportunities including geographic expansion, sector diversification and first time marketing investment.

• Expand geographically beyond the current London focus into other regions with similar needs for project management and quantity surveying services;
• Diversify into other property sectors beyond the core base of residential developer clients;
• Invest in marketing and business development for the first time, with the entire workload to date generated through repeat business and referral;
• Explore the well established international market for quantity surveying work, which has never been pursued.