Total of 18656 firms and businesses for sale today Sunday 28th April 2024
Sold. Property Maintenance, Decorating, Building And Refurbishment Services Provider
LISTING DETAILS
Firms For Sale ID:
33245
Vendor reference:
CR182
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£395,000
Turnover / revenue:
£680,000
Net profit / cashflow:
Undisclosed
Years established:
14
Number of employees:
12
Employees / staffing:
Operating as stated with four directors, the two husbands have the active role within the business. One of the directors performs the role of estimating and quoting for jobs. On completion of the sale all directors will be leaving the business.
A working team of twelve are employed.
OTHER DETAILS
Reason for selling:
The owners have now come to the conclusion that after such a long time within the industry they would like to look at the prospect of retiring. This has also been driven by the work load that continues to grow. Over the last four years the workload and income has continued to grow.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
BUSINESS DESCRIPTION
Property Maintenance, Decorating, Building and Refurbishment Services Provider
Ref.CR182
Location Herefordshire/Gloucestershire/Worcestershire/Shropshire & Avon
Asking Price O.I.E.O. GBP395,000
This leading privately owned property maintenance busineses undertakes all kinds of work from repairs through to extensions. Work is split between both private home owners, commercial businesses, local authorities, estate agents and property companies.
One of the areas most established businesses, being under the same ownership for over 12 years, it receives excellent word of mouth recommendations. Now trading as a limited company the business has four directors, two main directors and their partners.
Operating throughout Herefordshire/Worcestershire/Gloucestershire/Shropshier & Avon this business has the unique selling point of providing the highest quality of work to every customer, turn-around from initial tender to job acceptance is exceptionally high. Repeat trade and new referrals from existing customers place the business ahead of any competitor.
The two main directors work within the business supported by an experienced team of ten employees who are assigned jobs via a customer work related schedule. The business has seven sign-written vans that give great exposure of the businesss brand name across the surrounding counties and beyond.
The business is very committed to handling their current full pipeline of work, these commitments have stopped any additional work being taken on from outside the self imposed geograpical limitations. The company is sought after by customers due to their quality of work and lead times. This is the perfect opportunity or platform for new owners to acquire this business as a bolt on or to consolidate it with an existing business trading from an adjoining county.
The annual turnover for the business is in excess of GBPcirca GBP 680,000 and provides a very healthy standard of living for the owners.
The business offers a full range of services to include:
Extensions Electrics
Refurbishments Carpentry
Bathrooms Plastering
Kitchens Windows
Lofts Interior and exterior decorating
Plumbing Doors
Expansion Potential
Expanding the business in order to except additional work, while not compromising on standards is a definite way forward for new owners. A whole variety of enquiries are received from outside their current self imposed geographical boundary and this would be ideal for the new owners to expand and increase turnover and profitability.