Project Management, Architectural & Building Surveying Consultancy – Housing Sector – Company for Sale

Reference Number: HFH060

Location: South East England

Turnover: £2.3m

Status: Offers Invited

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  • 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

 

 

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