• Listing ID: 1132866
  • (Seller ref: Reference 1.8)

London Building Contractor For Sale


Location:
Category:
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Asking price:
£250,000
Sales revenue:
£2,000,000
Cash flow:
£75,000
Years established:
10
Employees:
5
Relocatable:
This business can be relocated.

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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.


Location:
South London and Sussex
Premises details:
short term lease available but otherwise relocatable to purchaser's requirements

Expansion potential:
No marketing currently carried out. Sales could be increased through applying n ormal marketing techniques
Support & training:
as required
Reasons for selling:
planned retirement of owner-director who will stay on for medium term if required
Trading hours:
standard

For more information about this business for sale, click the Contact Seller button.


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