Well established, profitable building and maintenance company in Lancashire for sale
Well established, profitable building and maintenance company in Lancashire for sale
Description
Commercial Road is delighted to invite offers for this highly successful and well-respected Building and Maintenance Company.
The business is well established since 1993., and their focus is on delivering high-quality, trouble-free building, improvement, and maintenance projects safely, on time and to budget. The business serves commercial clients and works across a variety of public sector buildings including education, residential, industrial, sport, leisure, and business.
The Company has developed long-standing and trusted relationships with local authority clients, having several existing 3- and 4-year contracts in place, so for a new buyer, work doesn’t need to be found from the start. Business to business contracts make up all the revenue., often coming as repeat business, albeit via tender. It is a great acknowledgement to the success and excellent reputation of the company, that they have a 94% customer satisfaction rate (2022).
The business has a multi-skilled, highly trained, and loyal staff team with all senior staff having construction management training, this allows for flexibility in deployment, and confidence in service delivery. A small back-office admin team manages planning, finance and people issues and many processes are automated using IT systems/software. Working with Councils means there are no bad debt issues.
The business has numerous accreditations including, ISO9001, NICEIC, Gas Safe, CHAS and Constructionline.
This well-run, long-established business gives the purchaser the opportunity to take an income from day one and would, in our view, be a perfect acquisition for another company in the same industry as a bolt-on opportunity or buyer looking to get into the construction or building sector, and work for Local Authorities, as there is a management team in place and the owner is willing to stay on for a hand over to support with the transition.
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