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Slate, Tile and Flat Roofing Specialist Contractors

Ref. GB145

Location : Chelmsford Essex

Asking Price : £250,000

Turnover : £513,000

Net Profit : £66,000

Gross Profit : £138,000

EBITDA : Undeclared

Net Asset : Undeclared

Premises : Not Included

Confidentially offered for sale


  • Turner Butler

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Asking price includes:

Turnover circa £513,000 per annum

Gross Profit circa £138,000

Net Profit circa £66,000

Five commercial vehicles, plant and materials valued at circa £30,000.

Well established

Excellent reputation

Training and handover

Goodwill

Business Profile

Established in 1989, this highly respected Roofing Contractors is available to the market for the very first time. This business has built up a superb reputation for the high standard of its work and the efficient methods that it employs in order to deliver its service.

The business specialises in new builds, flat roofing and lead work and also carries out a broad range of additional roofing services for clients.

The business has won contracts for many high profile projects, which include Airport work, public houses plus a number of projects for celebrities.

The owner ensures that all staff representing the business are experienced and reliable to ensure the reputation of the company. Time keeping, attitude and dress code of the employees all contribute to the overall impression to clients that the company is a top class firm that will not let them down.

The quality of work ultimately delivers customer satisfaction and by using the best possible materials i:e: Spanish Slate and SBS Felts, the business achieves high levels of approval from its clients, which in turn results in high numbers of referrals.

The business features on a specialist website that ensures that vulnerable and elderly members of the public are connected to reputable businesses. This cycle of satisfied clients followed by new business from referrals is the mark of any strong business and it is from this position of strength that new owners would inherit a highly successful operation.

Equipment:

Included in this sale are five commercial vehicles and plant and materials valued at circa £30,000.

Customer Service:

This business does not take its clients for granted. Unlike less established competitors, customers are treated with respect. All contractors need to arrive on site on time, they are expected to be properly attired and there is a ‘no radios’ rule. These factors added of course to high quality standards of work and the determination of the business to complete all work within agreed time frames result in high levels of customer satisfaction.

Key Strengths:

This long established business has a large and stable client database. The business is able to undertake a broad variety of work. The company can access, diagnose and fully survey projects with a view to identifying problems or defects that may exist.

The company operates a rapid response service to emergency call outs and correcting below par work from other contractors is a regular occurrence. Whether it is new builds, flat roofing, orangery’s or lead work, this business has a strong enough track record to boast of being the best roofing contractor in the area.

Growth and Expansion:

Currently the business does turn away significant levels of business. Most projects are for private individuals, councils or large developers. Many opportunities to work with smaller developers are currently overlooked.

The business currently works within a relatively small area, with 90% of projects within a 20 mile radius. There are many opportunities that could be added to the current levels of work, if more contractors were added to the team.

Financial profile:

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

The business benefits from positive cash flow, turnover is circa £513, 000, gross profit is circa £138,000.

Advertising and Marketing:

The business receives virtually all new business through referrals and word of mouth. The business is however featured in Yellow Pages,Thomsons and in the BT phonebook.

Premises:

This sale does not include any property.

Business Hours:

Monday – Friday: 7.000 am-4.30 pm

Employees:

The business has a core of seven contractors. At the busiest times, an additional seven contractors are also used.

Support and Training:

Any necessary training and a comprehensive handover are included in this sale, to ensure continuity of trading.

Reason for Sale:

The owner is looking to change his lifestyle, he has property in France and plans to spend more of the year enjoying the French countryside.

Turner Butler Disclosure Statement

This statement applies to information relating to any company or other undertaking or business advertised for sale by Turner Butler (a 'Business')

The information supplied by Turner Butler on its website or in any other promotional material ('the Information') is not and is not intended to constitute an offer for sale of the Business or any assets of the Business or of the shares of any company which owns the Business.

For the avoidance of doubt there is no intention to create a legal relationship which will only come into existence when a written contract for sale and purchase of the shares in or the Business has been entered into

The Information provided is not intended to address your particular requirements. Further the Information does not constitute any form of advice recommendation representation endorsement or arrangement by Turner Butler and is not intended to be relied upon in making (or refraining from making) any specific decisions.

Any agreements transactions or other arrangements made between you and any client of Turner Butler are at your sole risk and responsibility. The prospective sellers of the Business have provided the Information to Turner Butler. The Information has not been verified by Turner Butler.

You must carry out your own due diligence and satisfy yourself as to the accuracy of all matters. In the case of the sale of shares in a Business the Information has been prepared on the basis that the shares will consist of or include more than 50% of the voting shares and that both the seller and the buyer is either a body corporate, a partnership, a single individual or a group of connected individuals so as to fall outside the scope of regulated activities as defined by the Financial Services and Markets Act 2000. If you are considering a transaction which falls within the scope of such regulated activities you cannot do so through Turner Butler.

Appropriate professional, legal and accountancy advice should be obtained before making or refraining to make any decision.

Turner Butler does not accept any responsibility or liability for loss or damage of any nature that may occur by reliance on the Information. Neither Turner Butler nor any of our employees or agents makes any representation as to the completeness or accuracy of the Information nor do we accept any liability for any losses, costs, liabilities or expenses which may arise directly or indirectly from your use of, or reliance on the Information.

This document is governed by and shall be construed in accordance with English Law and any dispute arising in connection with it shall be subject to the non-exclusive jurisdiction of the English courts

Turner Butler
Ickenham House, 2-4 High Road, Ickenham, Middlesex, UB10 8LJ
Telephone 01895 25 6000 Facsimile 01895 25 7777
info@turnerbutler.co.uk
www.turnerbutler.co.uk