 | Building Repair & Plastering Contractor. South Wales, United Kingdom Advert ref: U.0.550.W Business description
A well established business involved in building repair for insurance companies with a separate specialist wall, ceiling & floor finishes division.
The company also undertakes all aspects of building work including new build.
The company has contracts with many insurance companies to undertake the repair of properties , the subject of insurance claims from small works to major structural repair work across almost the whole of wales.
For more information click "Contact Seller" on this form and follow the online process
Years established: 18 years
Employees: 28 direct labour employees with 15-20 sub-contractors at any time to suit the work load.
Relocatable: This business can be relocated.
Location
The business is currently run from a head office in South West Wales with 3 satellite offices.
Expansion potential
The company has recently been awarded an additional insurance contract which will create further expansion.
Support & training
The vendor is prepared to allow the head office to remain as at present for a maximum of 6 months, the vendor will oversee the handover to the new owners & by negotiation remain for a short period.
Reasons for selling
To concentrate on other business interests
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| | Financial details Asking price: £550,000
Sales revenue: £1,443,541
Net profit: £100k < 250k
Furniture / Fixtures value: Undisclosed
Inventory / Stock value: Undisclosed |
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