Total of 18657 firms and businesses for sale today Thursday 28th March 2024
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Business For Sale. Established And Well-respected Builder

LISTING DETAILS
Firms For Sale ID:
24347
Vendor reference:
GB136
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£1,350,000  
Turnover / revenue:
£4,600,000
Net profit / cashflow:
Undisclosed
Years established:
40
Number of employees:
31

OTHER DETAILS
Reason for selling:
This is a genuine retirement sale
Support and training:
The owners are happy to provide a period of training and handover to ensure a smooth transfer of the business, and protect the future of the loyal workforce
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
Rent payable by the business is £36,000 per annum. Rates are approximately £12,000 per annum.
 
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BUSINESS DESCRIPTION
Established and well-respected Builder - High class refurbishment and new build with a specialist joinery division

Ref.GB136
Location West Sussex
Asking Price £ 1,350,000

A well-respected builder, this company has established an excellent reputation based upon nearly forty years of successful trading. Now managed by the second generation of the family, this very successful company is best known for its high class refurbishment works and the new build projects it carries out predominantly within a thirty to forty mile radius of its West Sussex Head Office.

Working predominantly for private Clients, but also including commercial and educational projects, this business always works as the main contractor, with its opportunities generated by an excellent network of Architects and Surveyors, with whom this business has built strong relationships based on its ability to complete projects on time, on budget and to a very high standard of workmanship. Operating in a catchment area which contains residents included amongst some of the highest net worth individuals in the country, this business works on some highly prestigious projects with average contract values in the region of £1 million. Turnover, which has increased steadily over the past five years, broadly speaking is split between, domestic projects which represent approximately 60% of total turnover with the remainder made up of commercial work - with new build, alterations and refurbishment work and listed building projects roughly equally represented.

Manufacturing almost exclusively for the requirements of its own building projects, the joinery division produces an equally high standard of workmanship for internal and external works including purpose made windows, doors and staircases right through to complete kitchens, conservatories and furniture – even pergolas, all produced to particular Client specifications.

Expansion Potential
With an enviable reputation and renowned for always meeting if not exceeding Client expectations, there is an outstanding opportunity to build on the existing products, services and customer base of this company. With strong demand, combined with a capacity to increase turnover a new owner contributing fresh ideas, motivation, enthusiasm nd a little investment will have every advantage of building on an excellent platform.