Building And Construction Business For Sale in Cornwall South_west

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Family Run, General Construction Company

Location:Cornwall, South West

Category:Building and Construction

Asking Price:£150,000

  • Sales revenue : £764,000
  • Net profit : Undisclosed
  • Furniture/Fixtures value : Undisclosed
  • Inventory/Stock value : Undisclosed
  • Family Run, General Construction Company

Business description

Family Run, General Construction Company
Ref. GF051
Location : North Cornwall
Asking Price : £150,000
This busy and profitable family-run construction company was founded by the vendor in 1989 and has been a Limited Company since 2006; it operates within a circa 35 mile radius of the company address. The vendor began in the industry as a bricklayer and has since built a stable trusted construction company that manages large and small projects professionally and without fuss. The company provides a comprehensive range of construction works including:
Renovations
Small and Large Extensions
Loft Conversions
Home Maintenance
New Build
Garage Conversions
Landscaping
The company is very responsive to the needs of its clients and in return enjoys very high levels of repeat business and referrals.
The company has established a large network of reputable and suitably qualified sub contract labour ers allowing it to repsond to its customers on a project by project basis. It’s ability to respond quickly and the fact that it can handle very high volumes of work gives this business an edge in this lucrative but competitive marketplace.
The company has grown significantly year on year and has continued to perform well through difficult trading times for the market in general
The company is a member of the NHBC and has an outstanding reputation in the area. It benefits from a very strong referral network of satisfied clients, happy to recommission the company for new works and to recommend them to others. This trend is expected to continue in the hands of new owners, since site employees are responsible for much of the client management and goodwill on any project. In addition to this the company will also undertake smaller works, be they private or architect led. The business enjoys a very strong order book and work in progress that ensures ongoing revenues for the business, which currently stands at a whole year’s current trading.

Other Information

  • Real Estate: The business operates from an office located within the vendor’s home. There is a circa 3 acre Freehold yard for plant & machinery and materials storage. This site comprises a large open area and a well equipped 2x storey workshop & storage of circa 2,000 square feet. The yard is available under separate negotiation, and is not included in the asking price of the Business. This business could easily be relocated if need be.
  • Competition: The company doesn’t typically use advertising and marketing, however as a goodwill gesture and also as a well known local business, it will sponsor local charity events. Most new business is generated from ongoing client requirements, tender invitations, repeat business and word of mouth recommendations, bearing strong testimony to the business’s excellent reputation. There is opportunity to expand the business’s profile with a strategic sales and marketing programme should a new owner so require.
  • Expansion: The company has grown year on year since inception and the current pipeline of projects combined with work in progress suggests that this growth is expected to continue in the short to medium term. The company is stable and robust however to take it through its next period of growth the vendor feels the business would benefit from a new injection of business acumen and further investment in its internal resources to drive this growth.
  • Years Established: 2006
  • Employees: Along with the Vendor, the company also employs 15 full time staff, including: Project Manager Secretary Foremen Bricklayers Carpenters Roofers Labourers Supporting the full time staff are trusted and reliable sub-contractors whom it utilises as and when required.
  • Trading Hours: As required. Office: 9am -5pm Monday – Friday
  • Support Training: The current owners would be happy to provide full training and support at handover. They would also be happy to stay on within the business for an agreed period, subject to negotiation, should a new owner so require.
  • Reason For Selling: The vendor believes they have taken the business as far as their own capabilities allow. The business is primed for future growth and would benefit from a new injection of business acumen and infrastructure to support ongoing prosperity.
Turner Butler
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