Building and Property Maintenance Company
Ref.GB040 Location Northern BasedAsking Price £770,000Confidential offered for sale
Finance available to buy this business subject to status. All regulated business is passed to independent financial advisors who are regulated by the FSA | |
Asking price includes:
Talented managers who have the background to handle specialized projects
Skilled and motivated employee’s contracts of employments
A long and respected reputation in the building industry
Substantial number of annual maintenance contracts
Trusted and respected name in the building industry
Reputation for honesty, reliability and responsibility
Huge opportunities and expansion capabilities
Established private and corporate client base
Wide range of products and services
Extensive investment in technology
Comprehensive range of vehicles
Computer administration system
Excellent supplier partnerships
Complete Turnkey Operation
Large amount of equipment
Licenses & accreditations
Excellent profit margins
All machinery and tools
Blue-chip client base | Business profile: | This professional business provides a complete building service, offering high quality property maintenance, repair and alteration services to both corporate clients and private homeowners, taking pride in giving a quality service from first contact to completion.
This privately held limited company was established in 2001 and has extensive experience in many areas of the building industry, which include household repairs, insurance related works, financial housing renovation grant work, local authority work, commercial work and property extensions, this business undertakes all building and maintenance works and contracts.
The business directly employs many trades people using both a direct and subcontract workforce, including carpentry, electrical, plumbing, and gas works, plastering, decorating, roofing and bricklaying.
Home Renovation
Replacement Windows
Design and Planning Service
Conservatories
Fitted Kitchens & Bathrooms
Corporate Services
Property Maintenance
Emergency Call Out
Commercial Refurbishment
Shop and Office Fitting
Insurance Restoration Service
Fire, Water and Storm Damage
Subsidence Repairs
Local Authority Works
Housing Renovation
Planned and Emergency Property Repairs
Extensions and Alterations
Design and Construction Service
Planning Applications and Building Control
Budget Costing (to assist customers considering extending their properties).
Prompt Insurance Estimating Service
Approved contractor for leading Loss Adjustors and Claims Management Companies.
Clients
Over the years, the business has grown, forging a reputation for itself by providing a quality service. Clientele include private clients and also local authorities, housing associations and the Environmental Agencies.
This company also attracts high quality work from blue chip clients with an enviable level of repeat business. A recognised name with contracts provided by existing corporate and private clients and word of mouth recommendations. This company has a reputation for quality and excellence.
Customer Service:
This business has expertise, highly skilled personnel and reliability. As well as its dedication to customer satisfaction it has attracted and continues to attract new referrals.
This company enthusiastically offers a high level of customer service. It develops and presents all its building services with the utmost attention to detail, offering a high quality of service, guaranteeing standards and after sales customer care.
Key Strengths:
The business has forged a reputation for providing a high standard of both workmanship and customer support. A strong emphasis is placed on providing complete customer satisfaction.
The business continues to grow as a direct result of its excellent relationship with clients. The company has held contracts with various companies for many years and offers a very personal service, with word of mouth recommendations this business has maintained an impressive base of satisfied repeat accounts and clientele, while continuing to attract both new referrals and customers.
The business services many clients each week, and has forged strong links with some very high profile clients, who have put their trust in the company due to their genuine commitment to serving client needs.
Key Opportunities:
The opportunities for continued success and growth are probably limitless. Being the preferred company of many corporate clients, this will ultimately generate further business.
The strong financial strategy of the company undoubtedly provides opportunity to achieve
impressive profit margins.
Administration:
All administrative procedures are computerised and a wealth of management information is available and maintained. Sage accounting software is used providing detailed information regarding the financial position of the company.
Trade Associations:
With all the recent bad press regarding 'cowboy' builders, it is more important than ever to hold credentials that ensure customers feel their money is being spent wisely. With long standing memberships of the following associations clients can be confident they are selecting the right contractor for the job.
•Federation of Master Builders
•Corgi | Premises:
The company currently operates from a secure centrally based premises on an industrial site, which provides easy access to the surrounding areas. The owner holds the leasehold for this site with an annual charge of £6,000per annum. | <>Advertising and Marketing
This successful company does not use any formal advertising or marketing strategy, most new business is generated from client referrals and word of mouth recommendations, bearing strong testimony to the business’s excellent reputation.
An immense opportunity exists to build on this unsurpassed reputation and implement further and more assertive methods of advertising to expose the business to even greater markets. Various methods could be used in this regard, including the local press, a direst sales force, trade exhibitions, leaflets, brochures, direct mail or a telesales initiative.
The business advertises its services through the use of a user friendly, well-designed web site registered under the company name, which provides easy access to company information. | | | Financial profile: | The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.
The business is financially stable with no borrowings, low overheads, positive cash flow, enjoys a Strong Order Book, high gross and high net profit and has shown consistent strong growth in profits.
Highly profitable company sales revenue is circa £600,000 per annum, with a gross profit exceeding £336,000 per annum. | Personnel and Management:
Providing a friendly working environment for its employees and striving to develop their individual strengths the business offer good value for clients and fair rewards to its owners and employees.
All of the staff have been with the company long term, The company employs qualified tradesmen and constantly monitors training requirements.
The most important resource of any business is its people The business employs a team of dedicated and skilled staff comprising a team of seven tradesmen, backed up by three office administrators.
The administration team provides an essential support service to the team, ensuring the smooth and efficient running of the contracts and providing essential management information. | Support and Training:
The owner will provide full business familiarisation, training and handover. | Reason for Sale:
A stage has been reached where the owner wishes to retire and is offering the business for sale not only as an organically expanding going concern but also with further significant growth potential.
A new owner with management and marketing skills should be able to develop the existing market niches, which the business works in. | | Turner Butler Disclosure Statement: This statement applies to information relating to any company or other undertaking or business advertised for sale by Turner Butler (a 'Business') The information supplied by Turner Butler on its website or in any other promotional material ('the Information') is not and is not intended to constitute an offer for sale of the Business or any assets of the Business or of the shares of any company which owns the Business. For the avoidance of doubt there is no intention to create a legal relationship which will only come into existence when a written contract for sale and purchase of the shares in or the Business has been entered into The Information provided is not intended to address your particular requirements. Further the Information does not constitute any form of advice recommendation representation endorsement or arrangement by Turner Butler and is not intended to be relied upon in making (or refraining from making) any specific decisions. Any agreements transactions or other arrangements made between you and any client of Turner Butler are at your sole risk and responsibility. The prospective sellers of the Business have provided the Information to Turner Butler. The Information has not been verified by Turner Butler. You must carry out your own due diligence and satisfy yourself as to the accuracy of all matters. In the case of the sale of shares in a Business the Information has been prepared on the basis that the shares will consist of or include more than 50% of the voting shares and that both the seller and the buyer is either a body corporate, a partnership, a single individual or a group of connected individuals so as to fall outside the scope of regulated activities as defined by the Financial Services and Markets Act 2000. If you are considering a transaction which falls within the scope of such regulated activities you cannot do so through Turner Butler. Appropriate professional, legal and accountancy advice should be obtained before making or refraining to make any decision. Turner Butler does not accept any responsibility or liability for loss or damage of any nature that may occur by reliance on the Information. Neither Turner Butler nor any of our employees or agents makes any representation as to the completeness or accuracy of the Information nor do we accept any liability for any losses, costs, liabilities or expenses which may arise directly or indirectly from your use of, or reliance on the Information. This document is governed by and shall be construed in accordance with English Law and any dispute arising in connection with it shall be subject to the non-exclusive jurisdiction of the English courts Turner & Co (GB) Limited registered in England and Wales under company no. 2477988 of registered office Savoy House Savoy Circus London W3 7DA, trading as Turner Butler © Shaun Sweeney October 2006 |
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