Total of 18659 firms and businesses for sale today Monday 13th May 2024
Sold. Specialist Commercial Fencing Contractor
LISTING DETAILS
Firms For Sale ID:
29397
Vendor reference:
GB177
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£675,000
Turnover / revenue:
£1,400,000
Net profit / cashflow:
£221,000
Number of employees:
22
OTHER DETAILS
Reason for selling:
The majority owners wish to pursue their other business interests but are prepared to remain with the business following the sale for an agreed period of time to ensure a smooth handover.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The company is based in a building owned by 2 directors/majority shareholders, (and which is also available for purchase by separate negotiation) under a commercial lease paying a rent of £42,500 per annum (negotiable), plus rates. Freehold is available if required by separate negotiation. The building is located close to the main arterial roads in the south west.
BUSINESS DESCRIPTION
Specialist Commercial Fencing Contractor
Ref.GB177
Location South West
Asking Price £ 675,000
Commercial Fencing Contracting business based in a well known city in the south west, with a geographic spread down the A30/M5 corridor from Lands End to south of Manchester.
The business is a competent and creative fencing contractor that undertakes specialist commercial fencing work and generally is employed as sub-contractor on large infrastructure projects. Fencing work is carried out across a wide range of sectors from highways, through to railway work, civil engineering projects and airport work.
Occasionally the business acts as principal and for example it is a main contractor for Network Rail.
The business operates across a full range of industry sectors with no real competitors in the region. The company is extremely well run by seasoned business professionals and its USPs are:
• Reliability and quality of service
• Qualifications and certifications
• Customer base and reputation
The business is an approved contractor with Devon County Council and Cornwall County Council. The customer base comprises of commercial blue chip clients and range from Railtrack through to Councils and the Highways Agency and most of the major civil engineering contractors.
Exceptionally busy the Company has a very solid pipeline of work with a strong forward order book.
Expansion Potential
There are excellent opportunities to increase the levels of business. Since inception this business has performed to a high standard and has earned wide-recognition for the level of services provided for its clients. It is considered that a new owner with fresh impetus and enthusiasm can further capitalise on the ever increasing opportunities made available to the company through its reputation.
Market / Competition / Non-Competition Agreements
The company has its own professional website to showcase the products and services that it has to offer.