Buildings and Property Maintenance Company For Sale

Reference Number: HES260

Location: East Midlands UK

Turnover: £250K

Status: Offers Invited

Click to download Business Summary PDF

Click to download Non Disclosure Agreement

Business Overview

  • Opportunity to acquire a highly established buildings and property maintenance company in the Nottingham and East Midlands area.
  • In the financial year to June 2015, the company generated sales of £250k with a gross margin of 28%.
  • Founded in 2006, the company has a solid trading history.
  • The company has provides general building and property maintenance services to large corporates, landlords and letting agents and residential property owners.
  • The company delivers projects spanning from large commercial sites, such as new builds, to single individual projects for residential customers.
  • It has a first class reputation for quality of service and delivery to time and budget. This focus has helped it build an enviable client list including some large blue-chip names.
  • The sale offers an outstanding opportunity for a similar property maintenance company to acquire the client base and future work or an entrepreneur in the building sector to take over a growing business.

Products and Services

The company specialises in property maintenance to clients in:

  • New build property market
  • Lettings market
  • Other residential

These services to both Commercial and Domestic customers include:

  • Decorating Services
  • Maintenance Services
  • External Building Works
  • Internal Building Works

Premises

  • No premises or fixed assets are included in the sale.

Employees

  • There is a skilled and well trained workforce of 3 employees plus the vendor.

Reason for sale

  • The sale has been instructed as the Vendor is looking to move on to new and unrelated projects. He is happy to sign a non-compete agreement and is committed to a full handover of the business to ensure smooth transition into new ownership.

Financial overview

Year ending 30th June20142015
Sales revenue£286,159£249,933
Gross profit£92,990£69,444
Percentage32%28%
Adjusted EBITDA£61,048£40,605
Percentage21%16%
Offers Invited

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