Builders And Civil Engineering Company For Sale - Kent, United Kingdom

Business description

Builders and Civil Engineering Company All General Building, Civil Engineering, Construction & New Houses, Extensions & Conversions, Office Refurbishments and Property Maintenance This building and civil engineering business was established in 1999 by the current owners and is a market leader in its local area working for private residential, corporate and NHS clients, covering a broad range of projects and achieving a high percentage of lucrative repeat contract maintenance work. This is an established business with established staff that will sort out any problem that arises. Very reliable and reputable there is no buck passing with this business leading to excellent customer retention based on customer satisfaction, The majority of work is undertaken in Kent with some in South London. The business delivers a consistently high standard of work from a highly skilled workforce and has developed its excellent reputation by offering customers a first class service within realistic timescales at competitive prices. Any construction work is undertaken, all general building work including extensions, drainage, decorating, painting etc. Construction & civil engineering work includes plan, design, build through to final decorating for all work.. The team project manage each job and carry out all the work throughout the contract, with the established staff being supported by a reliable and competent core of sub contractors. Business is pretty good, yet more work could be taken on. The vendor wants to relax more and now takes four holidays a year, a new owner with more energy and enthusiasm would not have to push too hard to attract plenty of additional work. Customer Service: This business is dedicated to providing 100% customer satisfaction, making every effort to satisfy the requirements, however big or small of existing and potential customers. It is this flexibility and willingness to “go the extra mile” that has fuelled its growth to date. This is further demonstrated by the exceptional levels of repeat business and customer loyalty the business enjoys. This business provides quality services at highly competitive rates and clients receive a first class and efficient service. Key Strengths: High quality workmanship and finishing together with reliability and competitive pricing means the services of this business are always in demand. All work in construction and civil engineering are bundertaken with plenty of repeat work and a steady stream of referrals With its excellent name and proven track record the business has not looked outside its existing customer base for work. This business doesn’t just set out to match expectations but to exceed them, and aims to minimise any upheaval their work should cause the client. This business simply delivers what the customer wants, involving them closely throughout the project to ensure completion on time and on budget. As a result it has a loyal and satisfied customer base which returns time and time again – ensuring this business always has work on its books. This business is quite diverse in the range of services it provides and prides itself on its ability to adapt to suit the customer’s exact requirements. Whilst it has a proven track record in small works, it is equally as comfortable with larger construction projects. This flexible approach ensures this business is never reliant on any one particular contract being placed with it or the revenues coming in from any one particular contract since cashflows consistently arrive from many different avenues. 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. Very profitable the turnover is circa £950,000 per annum, Gross Profit circa £190,000 and Net Profit circa £105,000. The vendor feels that business and profits could be substantially increased with better management structure.

Property information

Location:

Home run business – there are no premises available with the sale of this business.

Other information

Expansion potential:

There is opportunity to expand the geographical outreach of the business either from the current area or from additional premises. This business is a prime position for a new owner to take full advantage by integrating into an existing operation, providing savings on operational costs and gaining access to its knowledgeable team and client base, increasing total turnover, market share, maximising sales and profitability. Business operations are not at maximum capacity so there remains considerable scope for an increase in workload The business spends a minimal amount each year on marketing. A concise marketing and promotion plan along with better management structure would generate additional revenue as would extending the geographical area.

Competition / Market:

This business has had little need to invest in marketing or advertising to date, relying on the most cost effective form of marketing, referrals and word of mouth recommendation. The marketing undertaken has been limited to a minor presence within the local edition of the Yellow Pages. Investment in a web presence to showcase the completed and on going projects could certainly attract even more business and therefore increase turnover and profits.

Support & training:

The vendor will provide support and training for the new owner and is also happy to stay on, if required, for a period time to help with the continuity of work in progress.

Reasons for selling:

The current owner is now planning his exit policy into retirement.