Intelligent Business Transfer are delighted to bring to the market this superb opportunity to purchase a specialist building contractor in Lincolnshire.
The business has been established since 2010 and has experienced financial growth on an annual basis since then. The business specialises in garage conversions for a range of clients, throughout Lincolnshire and covers all aspect of the conversion, from obtaining planning permission (when necessary) to the final stages of decoration. The business has a great reputation in their industry and benefits from a vast amount of repeat and recommendation, which has resulted in impressive financial figures.
The turnover of the business for last year was £131,221, with an adjusted net profit figure in the region of £50,000. These figures have been achieved with minimal trading and could be significantly increase by a potential buyer.
A potential buyer could also increase the sales revenue if they were to increase the advertising of the business via SEO and trade publications, which would attract new clients and increase the sales revenue. A potential buyer could also offer their services to surrounding counties, which has been voiced to the current vendors on a number of occasion.
It is with a heavy heart that the current vendor is selling the business to pursue other business interests. This business would suit an entrepreneur or larger company looking for a lucrative bolt on acquisition.
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