Building/Plumbing Company Specialising in Wet Rooms and Disabled Shower Adaptations, Primarily for Local Authorities, Housing Association and Charitable organisations
Ref.GB192
Location Essex Fully relocatable
Asking Price £ 65,000
Asking price includes:
Turnover circa £261,336 per annum
Gross Profit circa £82,145
Net profit £44,161
Net asset value £4,497
EBITDA £62,574
Approved contractor for two councils, Housing Association and Charitable organisations
Very well established approved trader
Excellent Reputation
Repeat Local Authority work
Growth potential
Business profile:
A well-respected building company, this business was established by the vendor in 1988 and has developed an excellent reputation within the local marketplace in which it operates, based upon over 24 years of successful trading. This thriving business specialises in fitting disabled shower adaptations and wet rooms getting work predominantly supplied by local councils and housing associations. The business is on the council approved trader list for the whole of Essex with the split of work being 95% local authority and 5% private work.
High standard of workmanship and finishing together with reliability and competitive pricing means the services of this business are always in demand with many clients. Repeat work and its steady stream of referrals are such that this business frequently has little need to look outside its existing customer base for work.
Sage is used for accounts plus a bespoke quotation system.
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