Building Contractor to both Public and Private Sectors For Sale

Business description

This well established family business was founded forty years ago, and has grown since to become a significant company with a reputation for the quality of its workmanship, flexibility of service and reliability.

Fully re-locatable, the business has established itself as one of the leading independent building contractors. Many current customers have been loyal to the business since the very beginning and this has been due in no small part to the business’s competitive prices, quality workmanship, first class service and attention to detail.

Members of the National House Builders and the National federation of Builders, the business has shown itself to be resilient in the face of competitive and economic forces and has maintained strong and incremental growth over its forty years of trading. No small part in the ability of this business to grow and sustain its profitability is due to the quality of its people. The business has a strong commitment to the development and welfare of its staff; which has contributed to the excellent profitability of the business and its current position as it is poised to exploit expected and significant growth in turnover.

The business undertakes 80% of private work and 20 % corporate. The company has recently completed the construction of four new two-bedroom homes, with gardens and parking. All homes have been finished to a very high standard and include white goods. Our client owns the freehold of these properties with one home already sold; this business could suit an investor or a buy-to-let company. Each property is valued at £139,000.

Equipment:

The business uses Sage for all Accounts and Finance.

Customer Service:

The business manages several hundred customers and has the systems, processes and people to ensure that both productivity and customers’ orders are satisfied. The most important aspect of customer management and satisfaction considered by the business is the workmanship and is responsible for the business retaining many customers and the reputation for which has led to the acquisition of many new customers.

High quality service, with flexibility, honesty, reliability and good value, every job is important and customers always come first. The result is self evident in the business’s sustained level of repeat business.

Property information

Property:

Freehold

Location:

The business has built four, two bed, one bath, one WC, lounge/diner, gas central heating, garden and parking. One has been sold the remaining three are near completion. Sale includes fully fitted kitchen, finished to a high standard.

Other information

Expansion potential:

The current market for this business’s services exceeds its capacity and is forecast in the near and longer term for continued growth. The business is well positioned to take maximum advantage of this growth as it occurs.

Competition / Market:

The business has used limited advertising in the past and there are excellent opportunities to increase this and market the business more aggressively to significantly increase turnover. A high proportion of the business's revenue has been due to its excellent reputation for quality of workmanship and strong word of mouth recommendation.

Support & training:

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

Reasons for selling:

The current vendor wishes to emigrate following the sale of the business.

Trading hours:

10.30 am – 4.00pm Monday – Friday.