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Successful Building & Maintenance Business With Excellent Reputation For Sale

Richmond, London, UK
Asking Price:
£550,000
Sales Revenue:
£855,000
Cash Flow:
Available on request

A well-established (2011) and high-profile building construction, maintenance and plumbing business covering a prosperous part of London and Surrey.
The firm has completed numerous prestigious residential and commercial projects and developed a reputation for excellence. The construction part of the company specialises in high end of the market residential and office developments and is the builder of several the area's most prestigious luxury residential buildings as well as multiple office developments. One recent project is a 3-story office building of around 8000sq/ft. Clients include public bodies, private companies and wealthy individuals and the company enjoys an excellent relationship as the builder of first choice for several high-end architects. The company has an enviable reputation for attention to detail and completion of ‘on time and on budget’ sometimes complex tendered projects.

The second part of the business specialises in renovations, extensions, building maintenance particularly plumbing but also electrical work and general ongoing maintenance with a loyal and high value client base including a large firm of estate agents. The sale includes lease (to be negotiated) on the current business premises, 7 vehicles, tools and other equipment, ongoing contracts, well known branding and goodwill. It is expected that current staff will remain with the Company.

The Company has gone through a restructuring over the last three years which has included winding up an associated business and disposal of property surplus to requirements leaving a stable business with low overheads and high profitability.

The companies employ 6 staff and engage 9 self-employed builders and regular subcontractors. There is no shortage of incoming requested work and lots of opportunity for a new owner to expand. The value of the forward order book for current year exceeds 2020-21 The current owner is relocating to another part of the UK.

Property Information

Property:

Leasehold

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