Building Services for sale in Richmond

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Successful Building & Maintenance Business with Excellent Reputation

Richmond, London, England

  • Leasehold Price: £950,000
  • Annual Turnover: £1,700,000
Seller Reference: PD11204
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Business Description
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Seller Reference: PD11204
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Business Description
A well-established (10 years+) and high-profile building construction, maintenance and plumbing/electrical business covering a prosperous part of South East England and London.
The firm has completed numerous prestigious residential and commercial projects and developed a reputation for excellence.

The business sale comprises two associated companies.
The first specialises in high end of the market residential and office developments and is the builder of several the area's most prestigious luxury residential buildings as well as multiple office developments. One recent project is a 3-story office building of around 8000sq/ft. Clients include public bodies, private companies and wealthy individuals and the company enjoys an excellent relationship as the builder of first choice for several high-end architects. The company has an enviable reputation for attention to detail and completion of ‘on time and on budget’ sometimes complex tendered projects.

The second business specialises in renovations, extensions, building maintenance particularly plumbing but also electrical work and general ongoing maintenance with a loyal and high value client base including a large firm of estate agents. The sale includes both businesses, a lease (to be negotiated) on the current business premises, 7 vehicles, tools and other equipment, ongoing contracts, well known branding and goodwill

The Company has gone through a major restructuring over the last two years which has included the departure of a business partner and disposal of property surplus to requirements leaving a business with low overheads and high profitability.

The companies employ 6 staff and engage 9 self-employed builders and regular subcontractors. There is no shortage of incoming requested work and lots of opportunity for a new owner to expand. The current owner is relocating to another part of the UK.
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