Fast Growing Domestic and Commercial Insulation and Environmental Services
Price:
Leasehold - £1,750,000
Business Type:
Corporate Businesses, Service Businesses
After 14 years involved in the cavity wall insulation industry, this fast growing business was established by two partners in 2008. Since then it has grown rapidly and successfully completed major public works such as three 18-storey block of flats, public buildings, schools, and housing association developments along with hundreds of domestic works for private clients. Clients include borough councils across London and the Home counties along with the key Tier 1 Contractors and Housing Associations. Many of these clients now have on-going projects, and the business is the first choice on the approved supplier list. The business has also now entered into a favourable partnership agreement with one of the largest public sector contractors in the UK. Whilst the social housing and public sector project work is on-going and tends to focus around the summer months, there is a constant stream of enquiries from private individuals. These enquiries tend to peak over the winter months, providing a great stability to monthly earnings, asset utilisation and future potential.
The prime area for the business has always been insulation for walls and roof areas. Using the latest machinery, techniques and products in the marketplace, the company can handle projects of all shapes and sizes. Due to their success and reliability the company has been requested to handle ancillary services, and has excellent opportunities for growth. The business is involved in many government initiatives such as “The Green Deal”, a government backed scheme for whole house efficiency. There has been developments in supplying products for water use reduction and renewable energy installations. The company is well placed to offer these services as they will be on-site in any fact for the main insulation contracts. With the current confirmed projects in place, the business is on target to double turnover in 2011 to around £3 million, with profits increasing to circa £700,000.
The business is operated from a large warehouse unit on a light industrial park, which occupies approximately 6,500 sq ft. At he front of the building are small training rooms and staff toilets on the ground floor, with a large management office and Directors office on the 1st floor. The lease was signed in 2008 for 10 years, with a 5 year break. Annual rent is circa £29,000 with business rates payable circa £18,000.
Annual rent is circa £29,000 with business rates payable circa £18,000.
Monday – Friday: 9:00 am – 5:00 pm (Office)
8:00 am – 5:00 pm plus overtime (Site work)
North Yorkshire
£ 750,000
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