||Employees||22 full, 0 part
* Included in Asking Price
Contract Construction Group specialising in Residential & Commercial Refurbishments & Building Extensions
Location : S. E. London
Asking price: OIRO £225,000
Asking price includes:
This sale combines two trading companies intrinsically linked and being sold as one
Turnover circa £372,047 per annum (1)
Gross Profit circa £77,456 (1)
Turnover circa 222,226 (2)
Gross Profit circa 110,903 (2)
Combined EBITDA £71,670
50/50% Private/Corporate Clients
Strong forward order book
Member of the NHBC
A trusted and respected reputation in the industry
Qualified and highly skilled self-employed workforce
Sustained and steady growth
Established in 2004 by the vendors, this major contract construction group has vast experience in new builds, residential and commercial building extensions and refurbishments, including hotel renovations. Working for the last ten years for a major prime Hotel Group. The business works closely with clients from the early planning stages and has a comprehensive list of trade people including architects and engineers, trade and material suppliers.
The business uses highly skilled and experienced self-employed trade’s people and sub-contractors on an on-going basis. This experience has led to a track record of winning new tenders and giving excellent potential for growth and expansion.
Easily transportable, well-structured and profitable this business is adaptable and covers all areas of building work to the highest of standards, helping to develop the company to the position it holds today within its sector.
|Facilities:||The business operates from leasehold premises in a high street location. Very well established in the area the premises comprise of circa 29 square metres and have steel shutters for security.
A new lease will be created for the successful buyers. Annual rent will be circa £7,200 per annum, plus an additional £3,000 for the garage. The premises are zero rated for business rates.|
|Competition:||This highly efficient company has an excellent reputation with most new business being generated from ongoing client requirements, tender invitations, repeat business and word of mouth recommendations.
There is a professional website that showcases all the work undertaken. The business utilises mainly online Google pay per click and attracts potential customers with this advertising. Social media like Facebook and Twitter are also used. As the business is well known in the area marketing to the existing database should also invite further interest through recommendation or past clients.|
|Growth Potential:||This specialist business maintains an extensive base of satisfied clientele who appreciate superior service together with a widespread reputation. The key to maintaining the high degree of customer loyalty is the strong service orientation.
More assertive marketing and promotion within the appropriate market sectors could acquire an even larger slice of the market and further increase the turnover.
Growth is set to continue with a busy order book.|
|Training/Support:||Support and training will be provided to the new owners to ensure a smooth transition of ownership.|
|Sale Reason:||One of the owners is looking to emigrate in the near future.|
Seller Reference #GB200
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