Choose Your Country
X


UK FlagUK
Thu, Oct 17 2019 08:13:21 PM  |  /

Family Run, General Construction Company

Business Id:000341     |    Reference: GF051
Price:
£150,000.00
Business Description

Family Run, General Construction Company
Ref. GF051
Location : North Cornwall
Asking Price : £150,000

• Renovations
• Loft Conversions
• New Build
• Landscaping

The company has established a large network of reputable and suitably qualified sub contract labour ers allowing it to repsond to its customers on a project by project basis. It’s ability to respond quickly and the fact that it can handle very high volumes of work gives this business an edge in this lucrative but competitive marketplace.

The company is a member of the NHBC and has an outstanding reputation in the area. It benefits from a very strong referral network of satisfied clients, happy to recommission the company for new works and to recommend them to others. This trend is expected to continue in the hands of new owners, since site employees are responsible for much of the client management and goodwill on any project. In addition to this the company will also undertake smaller works, be they private or architect led. The business enjoys a very strong order book and work in progress that ensures ongoing revenues for the business, which currently stands at a whole year’s current trading.

The company utilises Sage software to run the operation and also has a level of plant, tools and equipment as you would expect from an operation of this size, including:

4x Tipper vans: 3x Ford Transit 04/60/13 plates and 1x LDV 08 plate
1x small van: Citroen Berlingo 52 plate

An Isuzu pick-up truck may or may not be available for inclusion in the sale.

The workshop has the following machine and plant which is included in the separately available new lease or freehold:
JCB 3cx extra dig
1.5ton twin wheel trailer
4-5 mixers
Block elevator
Collapsible sheds
Trench rammer
Assorted barrows, acrow-props etc.
Saw-dust extractor
Bandsaw
There is a panel workshop built suitable for making timber frame buildings, with compressor lines and it all runs independently off of a large stand alone generator all under cover.

Client satisfaction is taken very seriously since it is the bedrock of the company’s success and the ongoing referral of the company to new clients. Every employee has a hand in maintaining this goodwill, meticulous records are kept by the main administrative office, so if any questions or queries arise they can be dealt with quickly and professionally.

Key Strengths:

• Reputation - the business enjoys impressive referrals rates and repeat business
• Business model-low fixed overheads yet scalable and flexible
• Customer base and customer care
Key Opportunities:

Accreditation to various construction related bodies would certainly enhance the company’s profile further, should a new owner wish to develop the business in this way.

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

The asking price is for 100% of the issued capital of the company based on net asset position being circa £14,000. (Calculated on a zero cash – zero debt basis)

Advertising and Marketing:

There is opportunity to expand the business’s profile with a strategic sales and marketing programme should a new owner so require.

The company has grown year on year since inception and the current pipeline of projects combined with work in progress suggests that this growth is expected to continue in the short to medium term.

Premises:

There is a circa 3 acre Freehold yard for plant & machinery and materials storage. This site comprises a large open area and a well equipped 2x storey workshop & storage of circa 2,000 square feet. The yard is available under separate negotiation, and is not included in the asking price of the Business.
This business could easily be relocated if need be.

As required.

Employees:

• Project Manager
• Foremen
• Carpenters
• Labourers

Support and Training:

Reason for Sale:

The vendor believes they have taken the business as far as their own capabilities allow. The business is primed for future growth and would benefit from a new injection of business acumen and infrastructure to support ongoing prosperity.

 
Business Information
Turnover:£764,000.00 Annually
Is this business relocatable: Yes
Business Sector: Construction businesses, Building Services
Statistic Information
Total Views:
Impressions:
Total Enquiries:
Last Viewed:
Last Updated:
Last Enquiry Made:

Related Property