Asking price: £995,000

Sales revenue: £890,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Established in 1972 and under the stewardship of the current Owner throughout this period, this business, a Structural Engineering consultancy, undertakes assignments throughout the UK and overseas.

Based in Surrey, this business, which can probably best be described as a small ‘boutique style’ operation has widespread experience and expertise in all aspects of structural engineering activity and has been developed specifically to meet all of the requirements of Clients, Architects, Surveyors and other professionals involved in the construction process.

Involved in new build, repairs, investigation and particularly refurbishment, this business has worked on projects for major clients such as retailers, banks, developers and contractors, being primarily employed on contracts with values ranging from £200,000 right up to £10m, although larger projects have in the past been undertaken for selected Clients.
Priding itself very much in offering a hands-on approach from the senior principals within the business in an active, operational, as well as supervisory roles, this business is well known within its profession for expert and creative solutions to challenging construction problems – and particularly where off the shelf solutions will rarely suffice. Frequently the business is involved at the very earliest stages of a project so as to provide initial design advice at the feasibility stage, ensuring that the most economical solutions are considered. As a result the business has a very strong reputation throughout the sector – amongst its clients, as well as the architects and surveyors with which it works – a reputation based on project delivery, meeting the time scales and financial targets that have been set and perhaps most importantly the dependability of its work. Not surprisingly, the vast majority of its projects come from Client referral and repeat business.

Employees: The Owners of the business, both Chartered Engineers are responsible for the day-to-day running of the business supported by two other Engineers, one of which is also a Chartered Engineer, two Senior and one Junior CAD Technicians together with a Secretary/Office Administrator.

Location
The business occupies the second floor of very well suited, fully networked, office premises with comfort cooling in a busy Surrey suburb with excellent transport links in to Central London and right across the South East.
Approximately 1,000 square feet, rent is £13,750 per annum. Rates are £4,740 per annum. There are approximately 6 years remaining on the lease.

Competition / Market
Having been established for such a long period of time, this business benefits from high levels of Client awareness within the sectors in which it operates. For the core areas of operation the business does no advertising except inclusions in various trade and professional directories. The business does have an excellent web-site web presence showcasing its capabilities and its recent projects. The site performs very well within all of the major search engines for all appropriate search terms.

Support & training
The current owners will provide full support and a handover to ensure a smooth transfer of the business to new owners.

Reasons for selling
This is a genuine retirement sale.