Tiling Contractor In Essex For Sale

Business description

This specialist profitable tiling contractor supplies and fits tiles, (of which a high percentage are ceramic) for a number of major UK companies including well known Leisure chains, Hotels, Nightclubs, New House Builders and Supermarkets. Other valued customers include housing developers, as the business can provide all their tiling requirements.

Established in 1997, the business has gone from strength to strength providing quality tile services by skilled craftsmen. This commitment to quality is confirmed with the company being awarded the ISO 9001 accreditation, as well as utilising Investors In People standards and taking membership of The Contractors Health and Safety Assessment Scheme (CHAS).

The company is extremely competitive and proud of the reputation they have built up within the industry. Only top quality materials are used which are selected directly from preferred sources that are carefully checked. A large part of the work that is undertaken is now gained purely by referral.

This business provides the buyer with a perfect opportunity to purchase an established, profitable business ready for expansion or for a company that wishes to expand by obtaining a strong client base and employees that are trained to a high level of expertise.

Equipment:

The business operates a fully computerised stock control system, as well as accounts and payroll on Sage.

Customer Service:

Unlike many competitors the business will not compromise on service to customers, or the quality of work on offer, there is little doubt that this has encouraged and sustained client confidence and loyalty. A qualified member of staff is always on hand to offer fantastic customer care and answer quickly and courteously any questions or problems that may arise. All employees and projects work to and are carried out to required industry standards of safety and quality.

Key Strengths:

This established business has a large and stable client database. A one-stop shop willing to tackle all types of tiling needs however small or however complex they are. The company can fully assess projects with a view to identifying problems or defects that may exist.

This profitable company has established itself as reliable and experienced and has the ability to act as main contractor and control other trades. Its dedication to high standards of honesty, integrity and expert workmanship by staff that is fully flexible by being prepared to work away from home has earned it an impressive reputation. In fact, this very competent, highly capable firm's expertise, knowledgeable personnel and expedient job completions are the reasons why its' base of satisfied customers is constantly growing.

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.

Annual turnover is circa £1,400,000, generating an operating profit of circa £130,000. There are also three liveried vans included.

Property information

Property:

Leasehold

Lease terms:

Annual rent is charged at £20,400 with rates charged additionally at £4,000 per year.

Location:

The business operates from leasehold premises in Essex with one months notice required to terminate the lease. Annual rent is charged at £20,400 with rates charged additionally at £4,000 per year.

The premises measure circa 1,800 square foot in total, arranged as a warehouse and mezzanine offices.

Business Operation

Expansion potential:

The current market for this business's services is upward and is forecast in the near and longer term for significant growth. The business is in a strong position to win new business and is well positioned to take maximum advantage of this growth as it occurs with a strong customer base to consolidate and expand.

Competition / Market:

The business currently advertises through the Yellow Pages and has a comprehensive website, detailing all products and services.

Reasons for selling:

The current owner intends to pursue other business interests following the sale of the business.

Trading hours:

Monday – Friday 7.30 am – 5.30 pm

Employees:

The business currently employs six full time staff including the vendor and is further supported by a trusted network of 27 sub contracted tilers who have been with the company for many years.

Years established:

1997

Other information

Support & training:

Full support and training will be provided to the successful purchaser.