Established General Builders & Construction Company With Consistent Annual Contract Work

West Sussex
REF: INT2571

Asking Price:
£1,100,000
Annual Turnover:
£1,654,362
Annual Net Profit:
£289,592
REF: INT2571

Overview

Tenure:
Leasehold
Established:
2017
  • Excellent Reputation
  • Very Loyal Customer Base
  • Huge Growth Potential
  • Low Overheads
  • Secure Contracts

Offering a wide range of services including but not exhaustively, groundworks, general building, kitchen fitting, carpentry, plastering, painting and general property maintenance either in house or on a quality sub contract basis, most projects are undertaken for councils and housing associations, resulting in regular and repeat annual revenues. Enjoying a large geographical reach, and headquartered in their leasehold Chichester premises, the business covers a big catchment taking in Surrey, The South Coast and The South East and London.

With long-term agreements and contracts in place, the business shows consistent headline figures. The most recent year-end (October 2022) delivered a turnover of £1,655,000, gross profit of £545,000, EBITDA of £249,000, and net profit of £311,000 (profits have been normalised to reflect a standard operating position - more information is available upon request).

Established in 2017, they have maintained an exceptional reputation, being noted for their high standard of work, thus securing many returning clients, repeat custom, and local authority referrals. As an approved 'Safe Contractor' the business benefits from a tipping license, waste carrier’s license, CHAS accreditation, and certification for sub-contracting.

Turnover has doubled year on year since incorporation, yet plenty of scope and growth remains. This is a highly profitable bolt-on or potential acquisition for anyone looking to quickly grow, or add an extra geographical area to their existing operation.

As this business is a confidential sale, we require you to complete a non-disclosure agreement (NDA) to access further information



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