Total of 18656 firms and businesses for sale today Tuesday 16th April 2024
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Sold. Suspended Ceiling And Partitioning Company

LISTING DETAILS
Firms For Sale ID:
13777
Vendor reference:
GB146
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£195,000  
Turnover / revenue:
£436,000
Net profit / cashflow:
£92,000
Years established:
14

OTHER DETAILS
Reason for selling:
After a long and successful career the managing director has decided to retire abroad. He is very keen to see the business continue to flourish and would however be very willing to facilitate a full handover for a period to be agreed as part of the sale process.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Suspended Ceiling and Partitioning Company

Ref.GB146
Location South Wales
Asking Price £ 195,000

This profitable operation has been trading since 1996 and has been established as Ltd Company since 2007. It represents a tremendous opportunity for an existing business in an associated trade to add on a very profitable arm to complement its list of services. It could also be highly attractive for a sole trader looking to acquire a well established and reputable operation in a relatively uncompetitive sector of the building industry.

Over the years it has built and maintained an enviable client bank of around twenty blue chip customers who provide a regular work flow. All business emanates from these clients who have regular requirements for the companies core skills of providing and installing permanent and de mountable partitions, fire lining services to columns, beams and internal structures, suspended ceilings, shelving and racking.

The business is run from the home of the founding director and only operates within a fifteen mile radius giving ample opportunity for growth. The business has well controlled overheads with the vast majority of supplies being delivered direct to site on the day of fulfillment

Expansion Potential
The present management have maintained the business to a size that has suited their lifestyle. It would be a natural move for a new owner to expand this business outside its present geographical area of operation. Referrals and testimonials would be readily available from key clients. Given that these are predominantly well known Blue chip companies this would help greatly in creating new commercial opportunities across South Wales and beyond. Present negotiations indicate that 2010 will see a further significant growth in demand and the company is structured to handle incremental volumes of work.