Construction businesses for sale in West Midlands

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Amy Cross, Spoton.net (July 2016)
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Freehold Price: £8,000,000 Annual Turnover: £15,000,000 Annual Net Profit: £2,000,000
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Business Description
LOCATION
This national construction company is based on a 2 acre site which includes a recycling plant and offices. It is situated in the West Midlands and has excellent road access to the country.

BUSINESS DETAILS
This lucrative business was established in 1999 and has now grown into a national company with a turnover in excess of £15 million and is fast expanding. It provides utility construction for gas, electric and water ads a recycling plant. it is fully Lloyds accredited and is a growing force in the industry.

The business is operated with 25 staff which includes construction and administrative staff. There is a commercial manager and a general manager in place. The owner is a director and oversees the operation.

It clients include Morrison utilities, Balfour Beatty, Persimmon Homes, Morgan Sindall, and many other national companies.

TRADING HOURS
Monday to Friday: office hours
Saturday: construction staff
Sunday: closed

FINANCIAL DETAILS
The present annual turnover of the business is £15 million- £17 million. The turnover is growing monthly and the present gross profit is around £11 million and the net profit £2 million.

PROPERTY DETAILS
The property consists of a large yard of around 2 acres with a fully equipped recycling centre. There is a 500t ft factory store which also undertakes plant repairs. The offices can facilitate up to 20 staff.

TENURE
Freehold

Disclaimer
These details do not constitute part of an offer or contract. The statements and descriptions given are made without warranties by Enthuse Transformations Ltd (Trading as ETS Corporate). The information contained herein has not been verified by Enthuse Transformations Ltd; complaints regarding the accuracy of the information contained herein will not be acknowledged. Purchasers should in all cases undertake financial due diligence using their own professional advisors before committing themselves in contract rather than relying on illustrations, figures and information given on behalf of the seller. Furthermore, any representations made by any representative of Enthuse Transformations Ltd regarding this business are subject to verification and should be independently corroborated.
Tenure: Freehold

Listed by: ETS Corporate
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