Dynamic Contracting Firm in the South of England
- Excellent reputation and multiple award-winning business
- Loyal customer base
- Huge growth opportunity
- Low overhead costs
- Wide variety of services offered
Intelligent is pleased to present the opportunity to buy a British contracting firm in the construction industry which is celebrating growing success after being built from scratch by an enthusiastic young entrepreneur.
The company has garnered a fantastic reputation for its ability to make any renovation project hassle free, proving to be a popular choice for both residential and commercial properties across London, Essex, Kent, and Surrey. It has gained many industry accolades for its ability to transform both the interior and exterior of buildings to turn a client’s vision into a reality, consistently delivering high-quality results.
The company presently has over £1.9 million (exc. VAT) in contracts for open projects and actively costs a strong volume of projects per week, therefore providing the buyer with both the stability of ongoing work and exciting new projects. The latter will be costed by an external quantity surveyor who has seamlessly collaborated with Tangible for years. Additionally, the company works with minimum outgoing costs per month a Tier 2 management structure for running each site, therefore delivering financial and logistical efficiency.
Tangible does not have any fixed premises, therefore making its sale available on a fully relocatable basis. Alongside the business’s consistent stream of cashflow, the buyer will benefit from Tangible’s numerous trade accounts with general building and furniture suppliers. Additionally, the buyer will inherit the brand’s successful mailing list of 180 active architects and interior designers which puts Tangible on the tender list for an excellent roster of clients and provides scope for further business growth. The enterprise operates a sleek website which beautifully showcases its services and testimonials to draw potential customers in, complimented by its social media channels.
All contacts, trade accounts, passwords, email accounts, website, social media profiles, professional email signature templates, and a branding package document will be passed onto the new owner. Furthermore, the vendor will be able to assist via phone during the first 6 weeks of new ownership.
This is outstanding chance for an experienced tradesman to take their career to the next level, with several avenues for achieving further growth of the business. Firstly, the buyer could implement a pay-per-click Google advertising campaign to increase brand awareness and generate new client leads, and/or recruit a dedicated marketing company to create and implementing a full marketing plan. They could also consider hiring a full-time project manager or sub-contractors, alongside tendering for larger projects. An ideal option for this would be to target new-build projects due to Tangible’s legacy, capabilities, supply chain, and full insurance.
Alternatively, the buyer could push its furniture aspect by taking a 15-20% commission from furniture sales through an existing partnership with a premium supplier, or through heavy discounts with an online supplier. Finally, Tangible could create a fully-fledge property development service to add an extra income stream.
- Can be home-based
- Can be office-based