Roofing Contractor In Affluent Area
Price:
Leasehold - £340,000
Business Type:
Service Businesses
HISTORY
• The business was originally founded in 1987
• The present owners have owned it for over 11 years, during which time they have built up an enviable reputation for a quality product at a fair price
REASON FOR SALE
• The business is only now being reluctantly offered for sale as the vendor has ill health and also wishes to retire
PRODUCTS
• The business predominately supplies or repairs pitched roofs for the local builders, councils and churches
• The work is split approximately 50% each new build / refurbishment
• 90% of work is from existing clients
• All work is billed monthly as the job progresses to ensure steady cash flow
CUSTOMERS
• Almost all customers are on trade account terms and include builders, local councils and churches
• The business operates within an approx 60 mile radius covering an area from Dover up to South London
STAFF
• The business has 5 full time employees including the 2 vendors
• There are approximately 12 sub contractors who they use on a regular “as and when required” basis. They work on an agreed price for the job
PREMISES
The yard and offices are situated on the edge of a village on a busy arterial road in Kent. The premises briefly comprise:
• Vehicular entry from road into the yard with storage of excess products available
• Offices to the rear
• Reception area
• 2 works offices
• Side W/C
• Kitchen with fridge and microwave
• The premises benefits from being fully double glazed and also having its own alarm system
STRENGTHS
• An extremely well established business which has been trading successfully for over 24 years
• Excellent local reputation with approximately 90% of work being from existing clients
• Very experienced local sub contractors most of whom have worked for the business for many years
• Very low rent and rates for the business
SCOPE
There is terrific potential to increase both sales and profits in the future by;
• Having a business website to advertise the types of work undertaken
• Carry out domestic work, at the moment virtually all work is on trade accounts
• Approach architects, planning departments and local councils to see where building work is being anticipated
• Build/repair flat roofs in the future
• Install solar panels
• Approach more churches etc to work on listed buildings
• Install green roofs
DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).
An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises.
• The business is located on the edge of a village off a busy main arterial road in an affluent area in Kent
• Monday to Friday 8am to 6pm
• Saturday 8am to 12noon
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