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GB136-Established and well-respected Builder -

Asking Price: GBP 1350000
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Business Location: United Kingdom » West Sussex » West Sussex 
Category: Services » Construction
Description:
Established and well-respected Builder -
High class refurbishment and new build with a specialist joinery division

Ref no: GB136

Confidentially offered for sale

Location: West Sussex

Asking price: £1,350,000
A well-respected builder, this company has established an excellent reputation based upon nearly forty years of successful trading. Now managed by the second generation of the family, this very successful company is best known for its high class refurbishment works and the new build projects it carries out predominantly within a thirty to forty mile radius of its West Sussex Head Office.

Working predominantly for private Clients, but also including commercial and educational projects, this business always works as the main contractor, with its opportunities generated by an excellent network of Architects and Surveyors, with whom this business has built strong relationships based on its ability to complete projects on time, on budget and to a very high standard of workmanship. Operating in a catchment area which contains residents included amongst some of the highest net worth individuals in the country, this business works on some highly prestigious projects with average contract values in the region of £1 million. Turnover, which has increased steadily over the past five years, broadly speaking is split between, domestic projects which represent approximately 60% of total turnover with the remainder made up of commercial work - with new build, alterations and refurbishment work and listed building projects roughly equally represented.
 
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Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue
4600000
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:  
Business Area: na
Year Established: 1971
Is Relocatable?:
Yes
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: No
Number of Employees: 31
Reasons for selling:
This is a genuine retirement sale.
Market competition and expansion:
Well established and in the enviable position of frequently working to capacity and having to turn work away, this business has had little need for heavy investment in marketing and advertising. The business however benefits most from the most effective form of marketing, word of mouth recommendation and because of its excellent reputation for high quality workmanship and customer service, the business is frequently taken from company to company when their key contacts move job – more often than not retaining the original Client even though their contact has moved on. The business has a limited web presence which is currently being upgraded.
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