Overview
Description
Mid Construction Ltd have been established since 2012 and work directly for local authorities, main contractors, and private individuals as well as leading DIY retailers such as B&Q.
They have a varied team of skilled personnel suitably trained and accredited in all areas of works undertaken. Accreditations include Gas Safe Certificate, Construction Line Gold Member, Acclaim Accreditation and SSIP accreditation.
The business is easily transferable as operated from home office.
The current owner is only selling the business as he intends to move abroad to start a new life and business operation. He has indicated he will allow sufficient time to work with the new owner to ensure a smooth transition.
This is a rare opportunity to acquire a company in the building and construction sector that is primed ready for scalability. It is difficult and time consuming for competitors to obtain the necessary experience and credentials required to be invited to tender for direct local authority works in London and the home counties.
It is also difficult to be included as an approved contractor invited to work on behalf of UK leading retail companies such as B&Q for example.
As this is a limited company sale the new shareholders will immediately be in position to tender for as much work as they are able to manage providing controlled scalability opportunities from day one.
The present owner has deliberately kept the turnover to a manageable level where he can personally oversee all operations directly focusing on delivering quality and excellent customer service.
Turnover is circa £260,000 per annum with operating pre-tax profits averaging around £53,000 per annum.
The sale price has been positioned to consider the company’s overall tender value opportunity and accreditations as well as the asset value.
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