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Freehold Building Contractors For Sale

Advert Ref: 8317B
Birmingham, West Midlands, United Kingdom

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Asking price:
£495,000 (Furniture / Fixtures and Inventory / Stock included)
Sales revenue:
£1,200,000
Net profit:
£150,000


Advent Business Sales have been instructed to offer for sale this very well established and profitable concern.

Established in 1955 as a family business, it is now reluctantly offered for sale due ill health and retirement plans.

The business has an unrivalled reputation and benefits from a high level of repeat business with approvals in place with the local councils for construction and repair of schools, libraries and any council buildings, local colleges, county council work, the local fire service, local police forces plus councils and authorities in surrounding areas. This ensures high levels of repeat business and also referrals due to the companies’ reputation.

The business is equipped to a high standard including a fleet of vehicles and is staffed currently by the vendor plus 6 full time members of staff with a part time secretary and a further 4 self employed builders. Further sub contractors are employed for estimating, electrics, air conditioning and mechanical etc.

Due to the size of the operation, there is potential for the business to be run on a management basis and the vendor is willing to offer an extensive hand over period.

The vendor currently has contracts with both Sandwell & Coventry council, the fire service & the police. Further council contract are currently under negotiation.
The stock is included in the price.
ref:8317B


Property:
Freehold
Living accommodation:
BUSINESS PREMISES A secure office and yard on an industrial development with the added security of secure fencing and lockable gates and consisting of the following: Ground Floor - Gated entrance into main yard area with capacity for up to 6 vehicles - Entrance door leading to offices, separated into 2 main offices plus kitchen, w/c, further storage within yard
Location:
The business operates from a yard and offices within an industrial area of a suburb of the city of Birmingham and operates throughout the city and surrounding region.

There are excellent transport links including access to the M6 motorway and excellent parking facilities with free on street parking adjacent to the yard plus parking within the yard.

Expansion potential:
Although already a successful business, there is still excellent potential for further expansion including extending the range of residential work offered, as a large amount of the current work is from the commercial sector with further potential to expand this trading on the company’s unrivalled reputation within the industry locally.
Trading hours:
Mon – Fri: 8.00am – 6.00pm
Financing available:
Please let us know if you require finance for the purchase of a business.
Related documents:

For more information about this business for sale, click the Contact Seller button.


Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.

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