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Building Preservation Services Timber, Damp Treatments Structural Waterproofing For Sale

Devon, UK
Asking Price:
£290,000
Sales Revenue:
£998,000
Cash Flow:
£52,000

Specialist Building Preservation Services Timber, Damp Treatments & Structural Waterproofing
The business is an established, family owned and managed company which has been in business for over 26 years and has worked very hard at establishing itself as a brand within the marketplace. It is particularly associated with providing high levels of workmanship at a competitive price, but above all, for its reliability and responsiveness to the requirements of its customers.

The business is kept very busy running its operation from modern premises that include storage, and very well appointed offices. A full turnkey solution is offered to the large database of both commercial and domestic clients that includes damp proofing & damp control, timber treatments and structural waterproofing, both locally and further afield.

With a strong history in the building sector and understanding what can and can’t be done, the right solution is provided for every client – whether that be a single remedial treatment, or fulfilling the requirements of an entire property with a much higher order value. Domestic clients will sometimes have more than one property and some of these will be of historic significance and listed status.

The strengths of this company include its expansive technical knowledge and its practical expertise. All work is undertaken by directly employed, qualified and highly experienced teams, which has also helps to create a strong trading base.

The business is fully accredited and complies with all the current specialist industry standards and is Property Care Association registered provides insurance backed gaurantees through GPI, is a member company of the Wall Ties Installers federation and is Government endorsed Trust Mark Registered.

Equipment:

The company has invested in a good level of plant and equipment in order to satisfy its very high standards of service and quality.

The business utilises leading Sage accounting software to run the administrative functions of the business and also uses a bespoke database management tool for all customer and client details.

Customer Service:

The company s most important assets are their clients and people; clients appreciate the prompt, friendly service, reliability, convenient hours, and reasonable & competitive prices and its people in providing a quality product, service and expertise that represents excellent value, honesty and integrity.

Key Strengths:

• Honesty and Integrity
• Strong team ethic
• Professional senior team and staff
• Problem solving
• Reputation and detail
• Commercial and domestic customer base
• Accreditations
• Complete turnkey operation
• Good level of plant and equipment

Key Opportunities:

There is a lot of work to be gained. The business would benefit from a new owner with more energy to explore currently unexploited opportunities such as purchasing systems and investment in IT for operations management. A more proactive approach to sales and marketing could further increase revenues in the future.

Another avenue would be to develop in other geographic areas for business; the vendors also believe that an increase in prices would be appropriate and be beneficial with no harm to turnover.

Financial Information:

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.

Turnover circa £998,000 per annum
Gross Profit c. £295,000
Net Profit c.£52,000
Net Asset Value c.£23,000
Adjusted EBITDA c £104,000

Property Information

Property:

Leasehold

Lease Terms:

The business runs from modern premises on a popular business park and is owned by the vendors.

A new lease can be arranged.

Premises Details:

The premises comprise of two floors with the ground floor is of circa 1,000 sq. ft. with storage accessed via a roller shutter and toilet facilities and the first floor is of circa 800 sq. ft. of modern, glass screened and air conditioned offices. Mains services are connected with Gas, Electricity and Broadband.

Business Operation

Competition / Market:

The business has an excellent company website that comprehensively and attractively presents the high quality services on offer.

Reasons for selling:

Genuine retirement

Trading hours:

Monday – Saturday: 8.00am – 4.30 pm
Office 9.00am – 5pm

Employees:
18
Years established:
26

Other Information

Support & training:

The owner is happy to provide support and training for a negotiated period of time

Contact Information

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