Roofing and Property Maintenance Company For Sale in Hertfordshire- Business 4 Sale .co.uk

Business Summary

HERTFORDSHIRE
ROOFING AND PROPERTY MAINTENANCE COMPANY WITH 6 CHERRY PICKERS AND EXCELLENT CUSTOMER BASE

• Established 14 years
• Turnover £638,970 (2010)
• EBITDA averaging £151,500 per annum over the last 4 years
• Leasehold £625,000 + SAV
• Reference: 1149EN

BUSINESS SUMMARY

This consistently successful company has developed an excellent reputation in the installation and maintenance of all types of roofs. Trading from its base close to Hertfordshire, customers are located throughout the UK and are a mix of personal, business and public sector bodies. Good relationships with manufacturers and suppliers allow a very wide range of products to be sourced and supplied to specific customer requirements. Beyond this, the company also offers a range of general property maintenance services, which can also include general building and carpentry work.

Our client has enjoyed a successful trading history spanning the last 14 years. During this period, the business has generated significant and consistent profits. The customer base is well spread and the business benefits from a stable, well qualified and highly trained staff, with exceptionally low rates of turnover. In financial terms the balance sheet is very strong, with a consistently high EBITDA figure ensuring excellent earnings for a new buyer – averaging over £150,000 annually over the last 4 years. The company also boasts an impressive range of industry accreditations and memberships.

Over the last 10 years the company has both consolidated its place within the market place and developed a number of new customers. Overall, the market for roofing services is strong from both a perspective of new commissions, but also through ongoing periodic maintenance work.

The company would be an ideal purchase for a similarly sized or larger corporate with a good knowledge of the industry and with an acquisitive growth strategy. Such a purchase would give access to mature repeat customer base, a company with solid financials and a reliable staff compliment. The business could also appeal to a rival firm, or alternatively, a company operating within the wider trade or property maintenance sectors, seeking additional market penetration and product ranges

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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).

Property Information

	Property:	Leasehold

	Living Accommodation:	No

Growth Potential

The company is located close to the very substantial London market. As such, it is ideally placed to exploit opportunities that will invariably arise over the next few years. Marketing at present is limited to the company website and through word of mouth. The order book has always been full through recommendation and referral. Focus on business development activity generally would easily increase the company’s share of a sizeable market, particularly in the south east of the country.

Our client has concentrated on work within the roofing sector. There would be considerable scope to develop a customer base within the wider property maintenance sector. In addition, there would be an easy cross over into the construction market.

Other Details

	Is this a home-based business?	No
	Can this business be relocated?	No
	Is this business part of a franchise?	No

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