Total of 18657 firms and businesses for sale today Friday 29th March 2024
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Sold. Specialist Roofing Contractor

LISTING DETAILS
Firms For Sale ID:
13767
Vendor reference:
GB090
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£340,000  
Turnover / revenue:
£427,800
Net profit / cashflow:
Undisclosed
Years established:
30
Number of employees:
6

OTHER DETAILS
Reason for selling:
This is a genuine retirement sale.
Support and training:
The current Owner is happy to assist with all necessary hand over and the training to ensure a smooth transfer of the business to new Owners.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The lease is flexible with the business having security of tenure. Rent is £328 per month including Rates.
 
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BUSINESS DESCRIPTION
Specialist Roofing Contractor

Ref.GB090
Location South East London
Asking Price £ 340,000
Established by the current Owner in the late 1980’s following many years working within the sector having started as an Apprentice asphalt roofer, this business provides a very competitive roofing service for a wide range of domestic, commercial and public sector Clients working primarily for major contractors – for which it has continuously developed and adjusted its service offering to meet the needs of this very important target sector.

Specialising in the design and installation of mastic asphalt and felt roofing systems, this business offers developers, architects, local authorities and consultants a complete flat roofing solution to meet all their requirements. The work this business undertakes is extremely varied including as it does projects for hospitals, factories and offices, churches and residential estates. Its range of work, which almost entirely occurs within the South East corner of England covers complete roofing projects, from home extensions right through to much larger commercial and public authority projects taking in all aspects of asphalt and felt roofing, flooring, balconies and paving, slating and tiling. From small roof repairs to large scale roof design, this business will find the right products at the right price and manage the installation through to project completion.

Expansion Potential
There is an outstanding opportunity to build on the existing business levels and customer base of this company. With a strong demand for this business's services, a new owner contributing fresh ideas, enthusiasm and motivation will have every advantage of building on an excellent platform. With its excellent reputation this business is frequently booked up for significant periods in advance. It would certainly benefit from an increase in its workforce, enabling it to compete for more projects, increasing its capacity, turnover and profitability and reducing its leadtimes.
There is also the opportunity to expand the scope of works this business undertakes expanding into the ‘tanking out’ and waterproofing of basements and buildings for example. There is also the possibility of expanding the breadth of systems for which this business is a Nominated Contractor – many of which it currently uses and is experienced in, but hasn’t as yet taken the next logical step of achieving the appropriate ‘accreditation’ status.