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(REF: 9845TF)  Building contractor For Local Councils and Housing Associations
 
Seller Reference: 9845TF
B4S Reference: 22187
Asking Price: £200,000
Net Profit: £49,864
Sales Revenue: £432,648
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Leasehold
Location: Undisclosed, Shropshire, United Kingdom
  Business Summary   
  HISTORY

• Very well known and respected business throughout the local area
• The vendor founded the business over 47 years ago

REASON FOR SALE

• Vendor’s ill health and plans to retire

PRODUCTS

• A complete A – Z of building maintenance and renovation for local councils and housing associations
• Carries out small extensions for local householders
• Normally has approximately two months work in hand at any one time

CUSTOMERS

• Almost exclusively from the local area with a very high repeat and referral trade
• Biggest clients are the local council and housing trusts
• Private customers account for approximately 15% of turnover

SERVICES

• Painting, plumbing, plastering, brick layers, carpentry
• Sub contract electrical and window manufacturing

STRENGTHS

• Extremely well established for over 47 years
• Excellent local reputation
• 85% of work is for local councils and housing associations
• Very versatile work force who have worked for the business for many years
• The vendor is prepared to work with a new owner during a handover period to ensure a smooth transition and to effect the necessary introductions to staff and customers




DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).

An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises.
  Property Information   
  Property: Leasehold
 
  Living Accommodation: No
 
  Details of Accommodation: • 2 commercial units merged to form 1 large unit which is used mainly for storage of goods and vehicles overnight
• On site are a bandsaw, an auto saw, 2 cement mixers and 2 generators
• The vehicles are:
- 2 Boxer vans
- 2 large transit vans
- 1 pick up
• The premises are on a large corner plot with iron gates on entry to site and a full height roller shutter door into the premises.
• Kitchen area, w/c and an office.
• The office function is currently carried out at the vendor’s home.
 
  Location: • The business is located in the heart of a popular town in Shropshire
  Growth Potential   
  • Extend the working area
• Advertise
• Have a web site
  Other Details   
  Is this a home-based business? No
  Can this business be relocated? No
  Is this business part of a franchise? No
  Summary of Business Hours   
  • Monday to Friday
• Very occasional Saturday mornings
• All staff work a 39 hour week
  Summary of Staffing   
  • 9 full time workers including the vendor





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