Large Corporate Property for sale in Nottinghamshire

View the "Building and Property Maintenance Company" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.
 

 I am delighted with the service – I’ve sold my business and highly recommend Daltons to other business sellers 

Marianne Ross (April 2014)
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Asking price: Offers Invited Annual Turnover: £250,000 Annual Gross Profit: £69,000 Annual Net Profit: £40,000
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Business Description
Business Overview

– Opportunity to acquire a highly established buildings and property maintenance company in the Nottingham and East Midlands area.

– In the financial year to June 2015, the company generated sales of £250k with a gross margin of 28%.

– Founded in 2006, the company has a solid trading history.

– The company has provides general building and property maintenance services to large corporates, landlords and letting agents and residential property owners.

– The company delivers projects spanning from large commercial sites, such as new builds, to single individual projects for residential customers.

– It has a first class reputation for quality of service and delivery to time and budget. This focus has helped it build an enviable client list including some large blue-chip names.

– The sale offers an outstanding opportunity for a similar property maintenance company to acquire the client base and future work or an entrepreneur in the building sector to take over a growing business.

Products and Services

The company specialises in property maintenance to clients in:

- New build property market
- Lettings market
- Other residential

These services to both Commercial and Domestic customers include:

– Decorating Services
– Maintenance Services
– External Building Works
– Internal Building Works

Premises

No premises or fixed assets are included in the sale.

Employees

- There is a skilled and well trained workforce of 3 employees plus the vendor.

Reason for sale

– The sale has been instructed as the Vendor is looking to move on to new and unrelated projects. He is happy to sign a non-compete agreement and is committed to a full handover of the business to ensure smooth transition into new ownership.

Financial overview

Year ending 30th June 2015:-

Sales revenue £249,933
Gross profit £69,444 (28%)
Adjusted EBITDA £40,605 (16%)

Offers Invited
Location Details: Nottingham and East Midlands

Is this business relocatable: Yes

Downloadable Documents

Listed by: Hornblower Business Brokers Ltd
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