Total of 18656 firms and businesses for sale today Friday 26th April 2024
Sold. Specialist Supply & Installation Of Resin Based Products Used In Floor & Wall Finishes
LISTING DETAILS
Firms For Sale ID:
34428
Vendor reference:
JE019
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£435,000
Turnover / revenue:
£1,300,000
Net profit / cashflow:
Undisclosed
Years established:
30
Trading hours:
Office: Mon - Fri: 08.00-17.00
On site as required
Number of employees:
9
Employees / staffing:
The business has an excellent management structure with well defined roles. The vendor works full time in the business and is supported by two full time Contracts Managers/Estimators, full time Office Manager and a part time Accounts Manager.
The business also employs it own team of 6 full time floor layers who are all self managed, experienced and trustworthy. This ensures consistent levels of quality, control and installation.
All tradesmen are highly skilled and hold the appropriate CSCS Skill Cards and Site Managers Cards. Staff are loyal and have been with the business for many years.
OTHER DETAILS
Reason for selling:
After a career in the resin coverings industry, the vendor has decided that the time is right to take retirement.
Support and training:
The vendor will provide a comprehensive handover to ensure a seamless transition of ownership. This should be a relatively simple process as the business has several key members of staff.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
BUSINESS DESCRIPTION
Specialist Supply & Installation of Resin Based Products used in Floor & Wall Finishes
Commercial and Industrial market
Ref. JE019
Location : West Sussex
Asking Price : GBP 435,000
This business, established over 30 years ago, provides a comprehensive range of resin floor and wall finishes and has its own proprietary branded product. It supplies and installs flooring and wall finishes to both the public and private sectors throughout the UK.
The company provides a full supply and installation service and deals with all the major flooring manufacturers in the UK, which ensures it is always competitive and has a strong supply chain. It also benefits from these manufacturers passing them leads such is its market presence.
The business has put in place all the necessary accreditations and memberships to ensure it is able to serve the market be it direct to end users or via their nominated contractors. Because of this it enjoys Approved Supplier status with many public and private sector bodies within the region. It is also due to the fact that the business has established itself over 30 years as a premier commercial flooring company that can be trusted.
The company has a large customer base within both the public and private sectors, including National Contractors, NHS, Local AuthoritiesSocial Housing, Schools, Blue Chip organisations, architects and specifiers and enjoys consistent levels of business, such is its reputation and the accreditations it holds. The business is one of the few in the UK to receive certification under ISO 9001 2008 BS5750 Quality systems. All products have been tested in accordance with BS 6319 Testing of resin compositions for use in construction.
Market / Competition / Non-Competition Agreements
The business has been trading for over 30 years and has never felt the need to advertise. It does have a basic information website but most of its work comes via repeat business, referrals and recommendations, not to mention from its status as an accredited company and approved supplier to its many customers. As part of its accreditations the business is listed within many of these bodies own websites and directories, which also enhances the company profile.
The business does have an attractive and comprehensive website detailing its products, services and many case studies detailing successful installations. The site could be marketed more aggressively using search engine optimisation techniques and perhaps social media to enhance its presence and drive traffic and enquiries.