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GB097-General Building Contractor to both Public and Private Sectors

Asking Price: GBP 440000
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Business Location: United Kingdom » Suffolk » Suffolk/Relocatable 
Category: Services » Construction
Description:
General Building Contractor to both Public and Private Sectors
Sale includes three, two bed new built houses

Ref.GB097
Location Suffolk/Relocatable
Asking Price £ 440,000
This well established family business was founded forty years ago, and has grown since to become a significant company with a reputation for the quality of its workmanship, flexibility of service and reliability.

Fully re-locatable, the business has established itself as one of the leading independent building contractors. Many current customers have been loyal to the business since the very beginning and this has been due in no small part to the business’s competitive prices, quality workmanship, first class service and attention to detail.

Members of the National House Builders and the National federation of Builders, the business has shown itself to be resilient in the face of competitive and economic forces and has maintained strong and incremental growth over its forty years of trading. No small part in the ability of this business to grow and sustain its profitability is due to the quality of its people. The business has a strong commitment to the development and welfare of its staff; which has contributed to the excellent profitability of the business and its current position as it is poised to exploit expected and significant growth in turnover.

The business undertakes 80% of private work and 20 % corporate. The company has recently completed the construction of four new two-bedroom homes, with gardens and parking. All homes have been finished to a very high standard and include white goods. Our client owns the freehold of these properties with one home already sold; this business could suit an investor or a buy-to-let company. Each property is valued at £139,000.
Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue		 N/A
Net Profit: (GBP)
Total profit before taxes		 N/A
General Information:  
Business Area: N.A.
Year Established: 2000
Is Relocatable?:
 Yes
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: Yes
No of trading hours: 10.30 am – 4.00pm Monday – Friday.
Reasons for selling:
 The current vendor wishes to emigrate following the sale of the business.
Market competition and expansion:
 The business has used limited advertising in the past and there are excellent opportunities to increase this and market the business more aggressively to significantly increase turnover. A high proportion of the business's revenue has been due to its excellent reputation for quality of workmanship and strong word of mouth recommendation.
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