Total of 18657 firms and businesses for sale today Friday 29th March 2024
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Sold. Highly Profitable Concrete Paving & Edging Manufacturer

LISTING DETAILS
Firms For Sale ID:
33436
Vendor reference:
ET031
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£1,200,000  
Turnover / revenue:
£789,000
Net profit / cashflow:
£196,000
Years established:
40
Trading hours:
Monday- Friday 0700-1800
Number of employees:
5
Employees / staffing:
This is a very simple business to run. The two partners work full time in the business and multi task. The business also employs 5 full time operatives, one of whom is a HGV driver. The other 4 staff members work on production. One of the four is the supervisor.

OTHER DETAILS
Reason for selling:
The partners are planning their exit strategies so they can spend more time pursuing their own interests and hobbies.
Support and training:
The partners would provide a comprehensive handover and would be happy to stay on for an extended period of time should a new owner so require, subject to negotiation.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Highly Profitable Concrete Paving & Edging Manufacturer
Ref.ET031
Location North West
Asking Price GBP 1,200,000
This family run business was originally set up over 40 years ago and has been successfully manufacturing concrete paving and edging products for the last 25 years. The partners have invested in significant amounts of plant, buildings and infrastructure during this time to create the highly successful and thriving business that exists today.

The business manufactures concrete paving and edging products from its two nearby production sites. These products are then sold to the trade throughout the North West region. Approximately 90% of current sales are concrete paving products with the remaining 10% being made up of concrete edging.

The company has a broad range of loyal and long term customers, many of whom have been with the business for a good number of years. Customers include builders merchants, building contractors, landscape companies and fencing contractors who operate in the region.

The business has a very good range of plant and equipment which enables it to manufacture efficiently and quickly, whether it is high or low volume concrete. This also enables it to be highly competitive and responsive in the markets it serves, yet still generate very impressive profit margins. There is limited competition in the sectors the business operates in and the business has built a sterling reputation in these markets.

Expansion Potential
With an enviable reputation within the industry and renowned for always meeting if not exceeding Client expectations there is an outstanding opportunity to build on the existing services and customer base of this company. The business has a broad customer base that could be developed further. It has grown year on year and the current facility has spare capacity to generate a further 50% of sales without the need for further equipment.