Well Established Business
Accounts Available Year End 31st March 2019
Annual turnover £97,575
Gross Profit £67,012
Accounts Available After Viewing
Low Running Costs
Huge Scope For Potential As Demand Is High
Blacks Brokers are pleased to bring to the market this drainage and groundworks business located in Sussex.INTRODUCTION
KPH Groundworks Limited has been trading since 2006 before this date the business was operates on a sole trader basis since 1996 when our client founded the business.
The business is a small family concern and have built their reputation upon good customer relationships and providing an exceptional service.
The business has been featured on Channel 4's Grand Designs, installing a Sewage treatment Plant and also hard Landscaping.
Hard Landscaping works include excavation of surplus spoil and debris, whilst Groundwork's include Croquet Lawn,
Sand School, Summerhouse and Garage bases, driveways and Patios. KPH Groundworks Ltd also nstall a variety of well known Sewage Systems.
The businesses the recommended Contractor for GBC the Garden Building Center at Roundstone Garden Centre at Rustington and for Tate's Garden Centres.LOCATION
The business is relocatable as it is currently operated from residential premises but it is worth noting here that they are currently based in Sussex and cover areas of Sussex and parts of Surrey, Kent and Hampshire and therefore a new owner would have to live within this footprint to maximise the reputation of the business. REASON FOR SALE
This opportunity has become available due to our client’s retirement plans and therefore this is an excellent opportunity to acquire this well respected business.LEASE
The business is operated from residential premises not included in the sale and therefore it is relocatable ideally within the footprint the business operates within. STAFF
Our client is supported by family members in the business so as such no staff members will be transferred with the sale of the business.FINANCIAL DETAILS
The accounts year end 31st March 2019 show that the business has an annual turnover of £97,575 with a gross profit of £67,012. Full accounts can be made available after viewing.BUSINESS RATES
The business currently benefits from Small Business Rates Relief. SUMMARY
KPH Groundworks Limted is a well respected groundworks business that originally started within the sewage and drainage side of the business by installing and maintaining sewage systems then moving into the groundworks side of the business.
Currently the business finds itself turning down work as demand is high and at this time the business is being operated to suit our client’s lifestyle. A new owner could certainly satisfy demand by increasing the labour force and then in turn could build upon the reputation of the business by expanding its territory.
It is rare for a family business of this calibre to become available on the open market and therefore we do anticipate a speedy completion for this well respected business.
Early viewings are advised.