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Independent Housebuilder Specialising in Residential Homes & Bungalows

  • Price: Offers Invited
  • Annual Turnover: £9,183,000
  • Annual Gross Profit: £3,434,000
Seller Reference: BM009396
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Business Description
Independent Housebuilder Specialising in Residential Homes & Bungalows
Seller Reference: BM009396
Request Details
Business Description
Independent housebuilder specialising in 2 to 5 bedroom houses & bungalows, providing a turnkey service from identifying brownfield & greenfield sites, securing purchase options & applying for planning permission through to construction & fit-out.

Key aspects
• Options secured on plots for 300 houses, providing an opportunity to sustain current sales level for the next 6 years.
• Utilises an in-house design & architectural team, allowing for flexibility to deliver a range of projects at short notice.
• Developed a niche for mid-market homes & bungalows, with average sale price of £250k-£350k.
• Extensive relationships with a number of institutional funders.
• Operates one of the Midlands´ leading major construction contractors, actively involved in projects across residential & commercial property.
• Owns an extensive list of plant & machinery including excavators, dumpers & telehandlers.
• Exceptional NHBC B1 rating.

Opportunities
• Bolt-on opportunity for a larger housebuilder looking to expand into mid-market newbuilds with readily scalable operations due to an enviable pipeline of work.
• Highly knowledgeable staff have widespread local knowledge, enabling constant sources of greenfield & brownfield land.
• Workforce is able to be quickly expanded to facilitate growth in both houses built & houses sold.
• Operates in a central location with a number of readily available land opportunities with links to major transport networks.
• Strategically located in a growing community with a healthy local economy & large population.
• Utilise its excellent local reputation & expand into new locations nationally.
• Exploit extensive bank of land options secured to continue current levels of profitability for the next 6 years.

Potential purchasers
• Regional & national housebuilders of midmarket homes.
• Housebuilders for other types of homes such as retirement, bungalows, upper market, etc.
• Commercial builders/ principle contractors.
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