Jersey Reputable and Thriving Approved Construction Contractor
Price:
Leasehold - £200,000
Location:
Channel Islands, Jersey
Business Type:
Corporate Businesses
This long established and extremely well placed Construction contractor is for sale for the first time since being founded more than 20 years ago. The business is an ‘Approved States of Jersey’ contractor, enabling it to tender for all manner of Jersey government projects involving not only new build construction work but all aspects of the industry including building improvements and maintenance contracts.
The business has been founded and run on the principles of a professional and reliable service, provided at a competetive price. This has enabled the business to become well established and it now represents a well known and respected portion of the island construction industry.
The business operates from two separate commercial premises, comprising a 2000 sq ft + commercial shed and office with ample external parking; and a separate storage shed and outside storage area at another location a few minutes drive away. Both premises are held on very reasonable rental terms.
The business employs 12 people and holds a licence for 3 ‘non employment qualified’ employees.
Turnover runs at an annual average of £800,000 to £1,000,000 and provides good profitability on its net margins of about 20%.
The business is for sale due to impending owners retirement and can be taken over with the assurance of an agreed handover period, by arrangement, with the owners.
Forward contracts and work in hand will continue seamlessly with management assistance as described, and the continued maintenance of existing and loyal employees.
For sale at £200,000 plus vehicles, inventory of equipment and stock at valuation.
North Yorkshire
£ 750,000
|
|
Business Services that may be of Interest:
|
|
|