Contractors For Renovations And Interiors Business For Sale

Business description

Building interiors and finishes contractors established for over 30 years and enjoying an excellent reputation for quality and reliability.
Sales for Q1 2011 have exceeded EUR 1 Million and forecast for the whole year close to EUR 3 Million.
Independently appraised Market Value of real estate (industrial plot, warehouse, offices, showroom) EUR1Million and value at cost of inventories ranges from EUR 500 to 600K.
Specializing on the high-end of the market, mainly corporate contracts for hotel, office and commercial buildings. Both renovations and newbuilds and also interior and exterior sports surfaces.
Steady, repeat business from major hotels and corporations in Cyprus. Also undertakes contracts abroad.
Operating out of a State Industrial Estate with fully equipped facilities, warehouse, offices, showroom, of total area 1.310 sqm.
Wholesale and retail sales of flooring, wall and ceiling finishes and decorative materials. Majority of materials sold are own imports.
Headcount is 18 persons including Management, full-time technicians and supervisors, interior decoration designers, warehouse and administration personnel.
An excellent opportunity for a General Contactor who wishes to integrate interiors construction to their operation, an existing interiors company which wishes to grow by acquisitions or a major developer/property owner who wishes to do all interiors and finishes works in-house.

Property information

Real Estate:

Lease

Business Operation

Years established:

25