Building Restoration For Sale

Business description

A specialist builder which restores and maintains the exteriors of historical buildings is for sale. Its primary skill base is stone masonry and it occupies a UK market niche Clients include churches, schools, listed public and private buildings, ancient monuments and trusts such as English Heritage. Its business is mainly repeat and its reputation means it easily achieves the sales levels this lifestyle business requires without marketing. Turnover averages circa £0.6M and it achieves a high return on capital with relatively low risk. There is opportunity to increase turnover. Cash flow is strong and working capital requirements are low. The Asking Price for the business with sustainable profits of circa £165K per annum after management costs is £500K excluding surplus cash.

Property information

Property:

Leasehold

Lease terms:

flexible

Location:

adjacent motorway

Business Operation

Expansion potential:

Extra sales potential declined by current owner for lifestyle reasons will be available to purchaser

Competition / Market:

a niche market means limited competition. The nature of the market also means it is relatively recession-proof

Reasons for selling:

retirement

Employees:

6

Years established:

20

Other information

Support & training:

as required

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