Sold. Building Services Contractor With Over 30 Successful Years Supporting Local Authorities

Building Services Contractor with over 30 successful years supporting Local Authorities and Public Sector projects
Ref.GB162
Location Buckinghamshire
Asking Price £ 300,000
Originally established in 1978 by two brothers to tender for work to the local city and county council, this business quickly built a reputation for quality workmanship and on-time delivery of projects which has stayed with the business over the decades. The business is now in a position in the marketplace where is has many assets, accreditations, and approved supplier status across numerous clients, which are the envy of competitors and present a real barrier to entry for those looking to enter the market. As such, this is an excellent opportunity to gain access to a high-profile customer base across a wide geographic area which has a constant stream of projects through-out the year. With such a strong reputation, the business is also called upon by private customers regularly to complete a range of building works, which offers tremendous opportunities for added revenue.

The business has tended to focus in recent years on conversions for disabled such as low-level kitchens on behalf of both Age Concern and local district councils. This includes an excellent reputation for the installation of Wet-rooms, which is a rapidly growing market across the U.K. Alongside this, the company carries out general remedial building projects, void works and extensions for schools, colleges and public buildings. The business has an outstanding level of accreditations including, Federation of Master Builders, Federation of Small Businesses, Trustmark, ISO9002, CHAS and Constructionline. The business is able to issue training certificates in-hose for a number of these organizations, given them a great advantage in the sector. The company also has a Waste Control License for serving their own needs, which can easily be expanded on.

Expansion Potential
The business is well placed for future growth, not only from the expected expansion in some of the key speciality areas, but also from increasing quotes to current and adjacent clients. The owner of the business is confident that by pricing projects a little more competitively the workload could be greatly increased under the direction of new ownership with great energy levels to grow the business from the very stable footing. The business can market their services to other regions within working distance, to other main contractors and also by promoting their services to the huge local affluent private marketplace.

Market / Competition / Non-Competition Agreements
The business has been built from direct customer contact and project tendering. There is a corporate website and many ‘word of mouth’ recommendations for the many private contracts undertaken per annum. The present owners have not felt the need to promote heavily or appear in local press and directories due to their comfort with the current workload. However, this can be expanded upon by new owners wishing to capitalise on the name and reputation of the business.