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Turner Butler Business Broker

1/1Turner Butler Business Broker




Building Maintenance Services Company to Commercial and Industrial Customers – Public and Private Sector with Freehold

This outstanding business has been established since 1993 and is a prime example of how attention to detail, reliability and customer care results in a well run and profitable company.

The operation has seven main trading arms.

• Full Management Services for a range of public and private sector organisations, including 24/7 support, building fabric maintenance, energy management, M&E installation services, preventive maintenance of facilities and machinery and CCTV security.

• Maintenance contracts to suit every need. All contracts are bespoke to match the clients budgets.

• Building services including, roofing, guttering, windows, doors, plastering, painting, structural, ground works, landscaping plus all other associated jobs.

• Electrical division which covers every application in all work places from installation to service level inspection contracts. All types of electrical work can be carried out by their highly trained and skilled staff including, re-wiring, lighting, power, alarm systems, CCTV heating control, generators, sound systems and fire heat protection.

• The Plumbing division covers all aspects of the trade from commercial installations to minor leaks and emergency repairs. The company has the expertise to install the very latest plumbing hardware cost effectively.

• The company are able to provide design facilities for any Air Conditioning systems together with a full installation service and a comprehensive maintenance contract to ensure continuous and efficient operation of the system.

• Lastly the company are experts in Heating systems, whether it be a first time installation or even a Retro fit. They are able to work with Air to Air, Ground Source Heat Pumps, Gas, Oil or LPG, which ever is the most economical for the client

The company is well established with an enviable name and reputation. They are fully conversant with all current legislations and guidelines relating to health and safety which it adheres to at all times. This is backed up by their acreditations and registrations that insure a high quality of service ant efficiency for its customers. Accreditations include;

• GAS Safe registered
• CHAS
• CORGI registered
• Rockwool approved partner
• Wolsley approved partner
• N POWER approved partner
• Build Centre approved contractor
• FGAS
• REFCOM
• NICEIC
• NECC
• First Aid

The business is well run with reliability, honesty and integrity. It prides itself on its commitment and treatment of its customers and workforce. It is profitable and has work in progress and offers an excellent opportunity for new owners to build upon its concrete foundations and customer database to take the business forward to the next level.

Equipment:

The offices are fully computerised and equipped with everything that would be expected of a business of this size. The infrastructure enables the staff to respond quickly to its clients requirements.

There is a small fleet of seven liveried vans, fully tooled and equipped to perform most daily jobs. There is also a wide range of specialist appliances and equipment to perform all other jobs within the business. These include, scaffolding, compressors, generators, gas analysers, welding equipment, cement mixers, ladders plus other essential tools too numerous to list.

Customer Service:

Customer service is paramount and at the centre of the company’s approach to doing business. It has earned a first class reputation for reliability, and integrity, delivering to strict deadlines and working well within budgets.

The company has a track record since 1993 of providing second to none service within their industry. Some of their clients have been with the company since its inception, testimony to their quality of work. They work with their clients to help understand their precise needs and then tailor a solution to suit their business or home at a price to match their budget.

Key Strengths:

The business is now well established having good relationships with a number of high profile blue chip clients including a small amount of public sector work. They have grown steadily over the years with good profits, a strong cash flow, low overheads and is easy to run. There are a significant number of maintenance contracts in place.

The key strength of the company is its ability to react quickly and efficiently to its clients whilst maintaining a high level of workmanship solving virtually all electrical, plumbing, heating, building and air conditioning problems. This is a company that clients turn to and trust to simply get the job done as quickly as possible.

Financial Information:

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.

Turnover is circa £671,000 WHICH IS THE LOWEST EVER TURN OVER for the company which has been at 1.1million in previous years with Gross Profits of circa £200,000 to £350,000.



Property:
Freehold

Expansion potential:
This is an outstanding opportunity to build on the existing products, services and customer base of this business. The foundations for the next period of growth are already in place, and with a new owner contributing fresh ideas, energy and enthusiasm the business will reap the benefits in terms of turnover and profits.

The business would be a perfect bolt on to a similar existing company. They could re locate the existing data base and benefit from cost savings or continue in its present format and progress on the sound foundations that the company has been built upon.
Competition / Market:
The company runs from Freehold offices and workshop located on a small industrial estate in County Durham. There is a reception area and an open plan office with two other adjacent small offices and a conservatory. Within the building there are toilets, staff room and a storage/workshop area with an external entrance which could be used as a trade counter. The buildings are secure with a fully functional alarm system in place. Outside there is parking at the front of the building with a large compound at the back of the premises which is used currently as a car park. Whilst the owner would ideally like to sell the freehold with the business there is an option to lease the building for a negotiable period. The freehold premises were recently valued at circa £300,000 with rates and water payable of circa £4,466 per annum.
Reasons for selling:
The owner has built the business up over the past sixteen years and he and his family are looking to emigrate, the owners will vet the new ingoing owners prior to releasing the business as the business has a long standing trading history and valued and respected clients.
Employees:
As well as the owner of the business there is a sales director, an accountant, a sales team, a service desk manager, two building services managers, nine engineers and two office administrators
Years established:
1993
Support & training:
The owner would be happy to help with a smooth transfer of the company in any way possible.


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