London Building Contractor For Sale

Business description

A general building contractor based South London is for sale due to planned retirement. It is relocatable within South London if required. It is well-established with a good reputation and has the relevant accreditationsincluding Constructionline notation of £1.5M and a healthy credit rating. Most of its business comes from repeat sources. It normally turns over £1.5M - £2M with good cash flow. During the recession of the past 2 years, it has successfully operated in survival mode by breaking even and maintaining its solvency and reputation. In 2011, it returned to strong profit on a turnover of circa £2M. Asking price for 100% of the shareholding is £0.15M. This includes a liquid balance sheet and all required working capital.

Property information

Location:

South London and Sussex

Premises details:

short term lease available but otherwise relocatable to purchaser's requirements

Business Operation

Expansion potential:

No marketing currently carried out. Sales could be increased through applying n ormal marketing techniques

Reasons for selling:

planned retirement of owner-director who will stay on for medium term if required

Trading hours:

standard

Employees:

5

Years established:

10

Other information

Support & training:

as required

Relocatable:

This business can be relocated.