Reputable Property Services Company in Hemel Hempstead

Hemel Hempstead, Hertfordshire
REF: INT1882

Asking Price:
£70,000
Annual Turnover:
£149,498
Annual Net Profit:
£41,017
REF: INT1882
Photo of Reputable Property Services Company in Hemel Hempstead
Photo of Reputable Property Services Company in Hemel Hempstead
Photo of Reputable Property Services Company in Hemel Hempstead
Photo of Reputable Property Services Company in Hemel Hempstead

Overview

Tenure:
Relocatable
Established:
1970
  • Excellent Reputation
  • Very Loyal Customer Base
  • Low Overheads
  • Equipment Included
  • Wide Variety of Products & Services

We are delighted to welcome to the market this fantastic opportunity to acquire a highly reputable, family-run company, which provides property services and is ideally located in Hemel Hempstead, in Hertfordshire.

The business was first established in the 1970s and the current owners took over in 2010, managing to successfully retain the company’s clientele. Under the present ownership, the business has grown considerably, whilst continuing to build up a loyal, repeat customer base and a brilliant reputation in the local area.

The company is an approved contractor of the local borough council in Hemel Hempstead and also completes work for a number of estate agents and churches.

They prioritise offering a wide range of both internal and external property maintenance jobs, including plumbing, decorating, roofing, grounds maintenance, hedge trimming, tree surgery, and much more. In addition to this, they also provide graveyard maintenance services.

Alongside one of the owners, who is a tree surgeon and fencer, the company work with around ten local subcontractors, including a groundsman. As the business has such a trustworthy and reliable team, the business can easily be operated successfully, whilst the owners are absent.

With low overhead costs and all equipment included, this would be the perfect opportunity for a duo, who are looking to work as owner-operators.

This business is currently run from the vendor’s home and is therefore offered on a relocatable basis within the current area of operation.

The company rents three lockups from the council, where all the tools are stored.

All the equipment will be included in the sale, ensuring the new owner can begin working immediately following the acquisition.

The current owners are happy to offer an initial transitional period, in order to ensure a smooth and efficient business handover.

The business is currently owned and managed by a couple, with one working as a tree surgeon and fencer and the other managing the administration side of the company. This thriving business would be perfect for a similar duo, acting as owner-operators. Ideally, one of the new owners would be a skilled tradesperson, who can complete some of the maintenance work.

There is huge potential for growth with this business, as there is plenty of work in the local area. So far, the company has invested in very little marketing. Therefore, if the new owner took a more proactive marketing approach, they could easily raise brand awareness. Presently, the business doesn’t have a website, any social media, or a Yell page, so these would all be areas to consider looking into. The company’s growth is only limited by the number of subcontractors available to complete work.

Features

Key Information

  • Services Offered: Gardening & Landscaping, Maintenance & Repair

Location

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  • Home Based
  • Limited Competition

Financial & More

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