Project Management, Architectural & Building Surveying Consultancy – Housing Sector – Company for Sale
- Outstanding opportunity to acquire a long established project management, architectural and building surveying consultancy to the housing sector.
- Founded in 1973, the company has two offices in South East England serving housing associations, local authorities, developers and contractors across the UK.
- Leading innovator in social and affordable housing with high level knowledge on all aspects of planning, design and build processes.
- Offers a range of integrated services which can be commissioned individually or as part of an all-inclusive consultancy service.
- Specialist in sustainability, providing expert advice on its implementation throughout the planning, procurement and construction process.
- Strong environmental policy.
- Extensive and diverse client base including some of the UK's leading housing associations, local authorities and contractors.
- High client retention rates.
Services
- Project Management
- Architectural Services
- Building Surveying
- Stand-alone Services including Principal Designer, Party Wall Matters and Energy Assessments.
Premises
- Main 3,000 sq. ft. office in the South East of England.
- Leasehold - rent £57,038 per annum
Employees
- Two Directors plus 17 full-time members of staff including Project Managers, Architects, Architectural Technicians and Building Surveyors.
Reason for sale
- The vendors wish to retire and to allow a new owner to take the business to the next level. They are prepared to work with the new owners for a smooth transition and to help to continue to develop the business.
Financial overview
Year ending 31st March | 2012 | 2013 | 2014 | 2015 | 2016 Draft |
Sales revenue | £1,860,025 | £1,816,168 | £2,030,745 | £2,108,449 | £2,252,688 |
Gross profit | £907,534 | £881,013 | £1,024,491 | £956,776 | £1,147,203 |
Percentage | 49% | 49% | 50% | 45% | 51% |
Adjusted EBITDA | £432,395 | £446,895 | £503,088 | £453,893 | £576,781 |
Percentage | 23% | 25% | 25% | 22% | 26% |
- The adjusted EBITDA is stated having paid an estimated replacement cost of £200k for the directors.
Offers Invited