Construction & Civil Engineering Company For Sale

Business description

A well established, constantly developing and extremely profitable Company specialising in all aspects of construction and civil engineering works as main contractors on a regional and national basis for civil groundworks, roads and drains services, new build projects, contract arrangement and management, site management etc.

This is a well-known and highly reputable Company, benefiting from an extensive base of established and loyal clients, including large national and major blue chip companies.

Operated by the vendors (two) with 16 groundworkers and 4 administration staff, this is a superbly organised and extremely well run business, now regrettably offered for sale due to our clients’ other commitments.

In addition to the excellent annual net profits, the Company has very significant incremental asset value in the shape of plant and equipment, works already secured and guaranteed, halted site work due to recommence imminently, work in progress and client retentions etc.

Such is the high level of the reputation established by our clients since forming their Company in 2006, they do not find it necessary to advertise or market their services, relying instead on an enviable base of high quality and influential contacts, customer recommendations, word of mouth and regular repeat custom.

The Company is marketed at what we consider to be an extremely realistic asking price, especially when considering the excellent annual net profits recorded and the inclusion in the asking price of significant additional assets mentioned above and detailed opposite.

The Company has consistently demonstrated significant growth, despite the current difficult economic climate and represents a superb opportunity for continued development.

Rent Payable: £7500.00 per annum.
Rates Payable: Circa £3500.00 per annum.

Financial Details:
Annual Turnover: Circa £1.5 Million.
Annual Net Profit: Circa £75,000.00.
Directors Remuneration: £76,000.00.
Directors Dividends: £48,000.00.
Adjusted Net Profit: Circa £200,000.00.

Assets:
Plant & Equipment: Circa £150,000.00.
Value Of Work Secured: Circa £3 Million.
Value of Halted Sites: Circa £900,000.00.
Work In Progress: Circa £100,000.00.
Retentions (Net Profit): Circa £50,000.00.

Accounts:
Information will be made available once the business has been viewed.
Viewing: Strictly By Appointment Only

Please Note: As this is a strictly confidential sale, interested parties will be required to complete the enclosed Confidentiality Agreement prior to further information being issued. Many thanks for your understanding and co-operation.

Offers: All offers are for the leasehold business, assets, goodwill, equipment, fixtures & fittings, and should be made to this office.
Finance: Our in-house Finance Department specialises in arranging the funding of business purchases such as this.
Terms & Conditions: Please read our Terms & Conditions overleaf before proceeding.

Property information

Property:

Leasehold

Lease terms:

Rent Payable: £7500.00 per annum.
Rates Payable: Circa £3500.00 per annum.

Location:

The Company is based in Yorkshire, operating from business premises conveniently positioned in an easily accessible industrial area very close to the M1 motorway, local towns/cities and major road networks.

Other information

Financing available:

Please Note: In order to assist in securing an early sale of the business, our clients will be prepared to offer a finance/repayment arrangement to the suitable purchasers.