Multi-disciplined Construction And Building Services Company for Sale
Leasehold : £ 1,300,000
Multi-Disciplined Construction and Building Services Company
Public & Private Sector
Location : West Yorkshire
Asking Price: £1.3Million (inc Net Assets circa £135,000)
This very successful and highly regarded company was set up by the current owners some 30 years ago and developed into a multi-faceted construction company with all the necessary accreditations and internal skills to serve its highly desirable client base. Almost all of their work is in the commercial sector and covers health, social housing, education and insurance sectors (including flooding). They have on-going framework agreements in place with many of its customers.
The company has considerable experience in the insurance sector and was worked with many insurance companies and their clients for many years.
The business has become a bit of a specialist in the fields it operates in and works closely with architects and clients alike to provide a full turnkey operation, whether it be new build, refurbishment or restoration in both occupied and unoccupied buildings. Scope of works includes building, electrical, mechanical, plumbing, water damage, decoration, restoration and refurbishment.
The company and its significant staff (encompassing many trades) have excellent internal skills and are able to undertake a wide range of contracts, varying from simple maintenance to larger new build and refurbishment projects with values ranging from £1,500 up to circa £600,000.
The company has developed a reputation for dealing with projects in controlled environments (commonplace within the health and education sectors) . The team is highly experienced and qualified with a strong corporate platform and the added benefit of strong technical support and project management skills. It is this customer driven approach which has helped them forge excellent long terms relationships and framework agreements with much of its blue-chip customer base.
The business is enjoying very impressive growth at time of going to market and this trend is expected to continue. Sales for the current year are expected to be in excess of £5Million (circa 20% uplift year on year), with profitability also up. There is no reason this trend will not continue as the business has all necessary infrastructure in place.
The business has a good asset base including staff, plant, equipment and commercial vehicle fleet, not to mention the option of the freehold premises. It utilises Sage accounting software, leading estimating packages and has access to the Insurance companies costing software that enables them to price jobs quickly and effectively as an approved contractor.
||Monday –Friday 0900-1700
On site as required
||The business has built an impressive team from top to bottom, so much so that the business runs smoothly with or without the 2 majority shareholders. In saying that both still work in the business full time through choice.
The business has put in place a very capable Financial Director who runs the business on a day to day basis supported by a comprehensive team of Surveyors (Building QS, Electrical QS, Onsite, Desktop etc.), Health & Safety Manger, Office Administrators and Insurance Claim Handlers.
The business also employs circa 55 full time tradesmen (including supervisors etc.).
||The business operates from ideal modern premises on a well-known business park. Total area is circa 5,500 square feet.
The business owns the freehold and the vendor is happy to sell the freehold with the business or for the new owner to set up a suitable lease, subject to negotiation. Please note the current asking price excludes the freehold property. We are advised the freehold is worth circa £450,000.