| (REF: CE161) Fire Protection Experts |
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| Seller Reference: |
CE161 |
| B4S Reference: |
10724 |
| Asking Price: |
£675,000
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| Net Profit: |
£177,000 |
| Sales Revenue: |
£1,063,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
West Yorkshire, West Yorkshire, United Kingdom |
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This is a unique opportunity to aquire a highly successful and profitable company who are one of the UK?s leading specialists in passive fire protection and dry lining contractors, offering solutions to the construction industry. The company is able to undertake projects of all sizes and prides itself on it?s ability to continually exceed customer expectations.
The business was established in 2001 with a management team that has many years experience within their specialist field. They are experts in the installation of all leading passive fire protection systems on the market. This enables them to offer expert advice and cost effective solutions to meet specification requirements, building programme and budget needs. All of their operatives are trained to the highest standards enabling the company to offer a full guarantee on fire protection installations throughout the UK. They offer a service which is second to none and have developed a trusting relationship and working partnership with their customers. This strategy has led to continual growth over the years and secured repeat business from satisfied customers.
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Property: |
Leasehold |
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Lease Terms: |
The business runs from a small, modern industrial unit with a lease running until 2011 with an option for another five years. There is a workshop, storage room and offices on the ground floor and a mezzanine floor which is used as a further storage area. There is parking outside and a goods in area. The premises are secure with an alarm system. Rent is circa ?13,750 per annum with rates of circa ?1,465 per annum. |
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Current Rent: |
Rent is circa £13,750 per annum with rates of circa £1,465 per annum |
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Living Accommodation: |
No |
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As previously stated, this is a growth market with an increase of circa 20% forecast for the coming year. The owners have built up the business with a small but skilled team of sub-contracted workers in order to keep the overheads down. There is an opportunity to save considerably with full time employees rather than self employed fixers and sprayers.
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The owners would be happy to help out with a smooth transition of the business and help in anyway possible. They are prepared to help for a period of time to introduce the new owner to all of the major connections that the company deal with on a regular basis. |
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One of the two partners wishes to emigrate. There is an option to retain the other partner if new owners should wish. |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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There are two owners within the business who look after the major decisions and both act as site foremen. There is a flexible team of sub contractors who are employed on a when needed basis. The office is manned full time by the only other employee who also looks after all administration within the company. |
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