Well-Established Construction Business for Sale in Hull

Hull, East Riding of Yorkshire
REF: S08244

Asking Price:
£280,000
Annual Turnover:
£917,123
Annual Net Profit:
£98,291
REF: S08244
Photo of Well-Established Construction Business for Sale in Hull

Overview

Tenure:
Leasehold
Established:
1992
  • Excellent Reputation
  • Friendly & Professional Team
  • Very Loyal Customer Base
  • Equipment Included

This is a unique opportunity to acquire a successful company in East Yorkshire, which provides a complete construction, conversion, joinery, and refurbishment service for all commercial, industrial, and domestic applications. The long-standing business was first established in 1992 and has grown significantly since its creation, whilst also gaining a loyal customer base and an excellent reputation in the local community.

The business prioritises offering their customers a wide selection of services, including general building works, maintenance and repairs, refurbishments, industrial alterations and extensions, joinery, property extensions, disabled adaptions, kitchen installations, fencing, driveways, roofing, painting and decorating, and much more.

Currently, the company predominantly completes commercial work, but is increasingly moving into the domestic sector, which provides huge scope for further growth. They take on clients within a 50-mile radius of their base and have gained their loyal clientele through word-of-mouth recommendations.

After 29 years of business, they have formed strong relationships with clients and suppliers, which will transfer over with the sale. Furthermore, they already have a full order book for 3-months in advance, ensuring plenty of trade for the new owner.

The friendly, professional team is comprised of highly trained tradesmen, who are police checked and first aid trained. The long-standing workforce prioritise providing excellent customer service and has years of experience with the business. This brilliant company would be perfect for an owner-operator with a background in construction and project management.

The business has an ideal location on a fenced and gated industrial estate in Hull, East Yorkshire. The 91m² premises has a mezzanine storage area, an office to the rear, along with a toilet and kitchenette. Outside there is a yard, where they store materials and waste. The unit is highly secure and has steel shuttered doors.

All equipment will transfer rover with the sale, meaning the new owner can get to work straight away.

The current owner is happy to provide an initial transitional period, in order to ensure there is a smooth and efficient business handover.

This would be the ideal opportunity for an owner-operator, who has a background in construction and project management and is now looking to acquire their own successful company.

There is huge potential for growth with this business, as there is a massive opportunity to move further into the domestic market and other commercial avenues, which could be a brilliant way to grow the customer base and increase revenue.

The business already has an easy-to-use website, although it may be a great idea to update this platform. The company also doesn’t have a social media presence; therefore, it may be worthwhile for the new owner to consider setting up some social media pages.

Features

Online Presence

Location

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  • Residential Location
  • High Street Location
  • High Footfall
  • Nearby Car Parking
  • Good Transport Links

Property

Annual Rent
£6,000
Annual Rates
TBC
Lease Term (Years)
3
Lease Expiry (Year)
TBC
Accommodation Included
No
EPC Rating
TBC

Financial & More

Annual Turnover
XXXX
Annual Net Profit
XXXX
Stock at Valuation
XXXX
Company Accounts
XXXX
Trading Entity
XXXX
Management Structure
XXXX
Number of Employees
XXXX
Current Ownership
XXXX

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