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(REF: 9947SE)  Freehold Damp Proofing Business With 3 Bed Apartment
 
Seller Reference: 9947SE
B4S Reference: 24441
Asking Price: £645,000
Net Profit: £35,452
Sales Revenue: £289,363
Number of Staff: Send enquiry for more details.
Established For: Send enquiry for more details.
Ownership: Freehold
Location: Undisclosed, South East London, United Kingdom
  Business Summary   
  HISTORY

• The business was founded by the present vendor over 26 years ago

REASON FOR SALE

• The vendor is planning to move to the Isle of Bute in Scotland

SERVICES

• The business offers a full A to Z service which includes:
• Damp proofing, wet and dry rot treatment
• Woodworm, spraying any wood infestation and tanking
• The business is a member of The Federation of Master Builders, The British Structural Water Proofing Association and is a warranted builder

CUSTOMERS

• Circa 20% of work is for private households with the remainder a mix of local authority, housing association, architects and surveyors

STRENGTHS

• An extremely well established business
• Excellent local reputation with a high repeat and referral trade
• 80% of work comes from local authorities, housing associations, architects and surveyors
• Experienced work force







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 These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants.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: Freehold
 
  Living Accommodation: Yes
 
  Details of Accommodation: • Entry from private driveway into the yard in front of the premises
• Ground floor entry to the private residence with double bedroom on the left with built-in cupboards
• Upstairs to very attractive and spacious lounge/diner, kitchen off with granite work tops, 4 ring gas cooker with oven under and extraction over
• Integrated fridge/freezer and dishwasher, single sink with side drainer, range of wall and base units
• Single bedroom off with built in wardrobes, tv point
• Family bathroom with extra wide bath with shower over, w/c and sink
• Master double bedroom with built in cupboards, attached en-suite with shower cubicle, extractor unit, sink and w/c
• The apartment has tiled flooring and ceiling spot lights throughout and is fully double glazed. All fixtures and fittings are to the highest quality
• The business part of the premises is all situated on the ground floor and is located underneath the apartment, it briefly comprises:
• Spacious self contained offices with side kitchen area and separate w/c
• 2 side storage rooms which are fully racked out
• The premises have the added benefit of having outside movement sensor security lights
 
  Location: LOCATION

• The business is currently run from an office situated on the ground floor of the vendor’s private residence, located in a mixed commercial / residential area of a densely populated borough of London.
  Growth Potential   
  • Whilst already a successful business it still has excellent potential to increase both sales and profitability by:
• Applying for more local authority work
• Approach local builders / estate agents and surveyors to be advised if any suitable work would be required on any projects
• Advertise more which should result in more private work
• Increase the working area beyond the present limit of an approx 35 mile radius of the premises




  Other Details   
  Is this a home-based business? Yes
  Can this business be relocated? No
  Is this business part of a franchise? No
  Summary of Business Hours   
  • Weekdays 8am to 5pm
• Other time in the evenings or on Saturdays giving private customer quotations
  Summary of Staffing   
  • 9 full time staff including the 2 vendors,
• 2 full time sub contractors
• 1 part time sub contractor who works circa 8 hours per week.
• They are a mix of plasterers, brick layers, labourers and carpenters






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