Asking price: £470,000

Sales revenue: £750,000

Net profit: £80,000

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Established in 1981 this company has been providing a competitive, efficient and environmentally sensitive service for many developers, authorities and construction companies throughout London and the Home Counties.

However complex the task, however demanding the deadline, they have the skilled personnel, specialist equipment and the dedication to customer service which ensures that projects are completed efficiently, safely, on time and within budget.

Expertise gained over many years is just a part of the professional service offered, and because each site will be different, this business, with their specialist knowledge, will tailor the method of demolition to suit. Based in Buckinghamshire they have a well known and respected operation which covers not only general demolition on commercial and industrial sites, but also expertise developed in modern problem areas such as demolition and strip out of petrol service stations and multi-storey city centre locations. In addition to these operations they have specialised units to cover work with toxic waste and asbestos removal, site clearance and excavation and refurbishment projects.

Fully licensed this company knows that effective, safe demolition on residential, commercial and industrial sites call for specialist experience, skills and equipment and this business has all three, in addition to wide experience of full and part demolition within the tightest physical and time constraints, a fully trained workforce and the specialist equipment required for the most difficult or intricate work.

Services offered include:

• Asbestos removal
• Refurbishment soft stripping
• Demolition of all brick, concrete, steel and timber structures
• Partial demolition and facade retention works
• Site clearance and preparation
• Safe removal of asbestos

Having been in the industry for 26 years the current owners purchased this business in 2006 and have now reached the stage of life when they wish to retire to sunnier climes, so have decided to sell this profitable and on-going business to an enthusiastic new owner who wishes to build on the successful business model gained after nearly 30 years of successful trading within this industry.





Customer Service:

This business believes its customers should experience highly rewarding levels of satisfaction each and every time they deal with the company. This level of satisfaction is fuelled by the highest quality of service provided, backed up by a truly professional yet friendly, level of service.

Their ethos is to deal with all customers with big company methods, combined with a small company outlook, one that focuses on customer satisfaction and retention, by consistently giving a professional service and ensuring that all projects come in on time and within budget.

Key Strengths:

Built on solid foundations this business has an excellent reputation for friendly and helpful service. The current owners have achieved this by hard work and have an established, yet diverse, corporate customer base, which is growing year on year through word of mouth recommendations and ongoing referrals. Not surprisingly this business can claim high levels of customer satisfaction.

They consider the three most important benefits to be the flexibility offered by a round-the-clock demolition capability, a “green” attitude towards on site materials processing and recycling and, most importantly, the benefit of high quality service at a competitive price.
With their unblemished safety record, all clients can afford peace of mind and confidence in the final result.

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.

Sales revenue is circa £750,000 per annum with net profits of circa £80,000 per annum and the vendor feels that with a greater focus on sales and marketing combined with existing growth patterns the business could dramatically increase its revenues. In addition there is a full order book for 6 months advance business constantly in hand. Also included are assets of circa £148,000.

Years established: 1981

Employees: The two owners both work full time and have another two, full time employees. Additional labour is supplemented from a local and professional pool of local workers, used on an as and when basis, over several years.

Trading hours: Monday – Friday 9.00 – 5.00

Property: Leasehold

Location
The business currently operates from a site within an extremely large yard and has an ongoing yearly licence in operation. This could be continued, converted to a lease or the business could easily be re-located or absorbed into an existing business operation.

Expansion potential
The current market for this business is growing and is forecast in the near and longer term for significant growth. The business is well positioned to take maximum advantage of this growth as it occurs. This is a business that thrives in all economic situations. In good times there are plenty of demolitions for new building and in difficult times businesses look to strip out and refurbish. Either way this business is uniquely positioned to take maximum advantage of the prevalent situation. Truly a business for all seasons and all times!

Competition / Market
Having been established for nearly 30 years this business does nothing by way of advertising, enjoying high levels of repeat business and the most effective form of marketing, word of mouth recommendation; testimony to the excellent reputation this business has for its unique, high quality service. Neither does the business have a web presence and there is no doubt that turnover and profits could increase using this additional medium and a more structured approach to sales and marketing. A professionally designed website could allow potential customers to view the extensive range of services on offer and give excellent potential to increase the turnover in the future.

Support & training
The owner will provide a handover period and is happy to provide ongoing support thereafter.

Reasons for selling
Having been in the industry for 26 years the current owners purchased this business in 2006 and have now reached the stage of life when they wish to retire to sunnier climes, so have decided to sell this profitable and on-going business to an enthusiastic new owner who wishes to build on the successful business model gained after nearly 30 years of successful trading within this industry.