Intelligent Business Transfer are delighted to bring this strongly demanded construction and renovation business to the market for the first time since inception. The business remains in the hands of the founding owner, who successfully manages a competent business model ran by a proficient team of staff.
Since incorporation, the business has grown year on year to its current position of stability. There are now a high level of regular and repeat property investment clients who rely on the business for its extensive service for the measured conversion of stringently sourced properties into Houses for Multiple Occupancy. The market for this is increasing rapidly due to lucrative yields of over 15% for landlords.
The well-used and recognised building contracting business is based within the owner’s home Cheshire. The operation is mainly outbound and covers a vast range of both residential and commercial sites that are lined for conversion into split accommodation comprising – in general – 5 to 13 self-contained bedrooms with communal areas.
Current turnover for the business is consistent and warming towards £60,000 PCM and provides strong profits due to reasonable overheads and a favoured staff wage arrangement. Currently the business is expected to return an EBITDA of circa £300,000 from an immaculate cash flow model that has been fastidiously controlled and priced.
There is a full client list to be included within the sale ranging from investment brokers to housing associations, the business is at a position of autonomy and can be immediate scaled with a marketing drive. Currently there is scarce promotion for the business and its exceptional growth has been self-sufficient.
The business would be well suited to continue on its full owner operation basis, alternatively the business would adapt an ideal bolt on opportunity for any going concern. The current owner is looking to sell due to a heavy workload and plans for other business ventures.
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