Total of 18656 firms and businesses for sale today Saturday 27th April 2024
Sold. Civil Engineering & Groundworks Company, Tarmac Specialists
LISTING DETAILS
Firms For Sale ID:
33497
Vendor reference:
GF047
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£300,000
Turnover / revenue:
£1,464,980
Net profit / cashflow:
£18,309
Years established:
1970
Number of employees:
17
Employees / staffing:
This is a very well structured company. The three directors employ 17 full time staff, 2 x foremen plus 15 staff including manual labourers, drivers and office and administration staff.
OTHER DETAILS
Reason for selling:
Retirement
Support and training:
Support and training will be provided to ensure a smooth transition of ownership and continuity of training.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
BUSINESS DESCRIPTION
Civil Engineering & Groundworks Company, Tarmac Specialists for Utilities Companies & Major Building Companies
Road Surfacing, general ground & site clearance, drainage, & excavating
Ref.GF047
Location Suffolk
Asking Price GBP 300,000
Established in 1970 by the vendor, this family business has a long track record in the building industry. The company specialise in all types of tarmacadam and groundworks for many major companies and utility companies across Suffolk and Essex, having 85% corporate clients.
The company has the capacity to undertake various project types for corporate and private clients. Road surfacing work includes new build projects, commercial surfacing, kerb laying and car park construction plus driveways etc for private clients. Groundwork includes general ground and site clearance, drainage, excavating foundations and earth moving.
With a workload of circa GBP 1.5 Million per annum the directors employ a fully trained and experienced workforce of 17 full time staff.
Market / Competition / Non-Competition Agreements
The company has a website under construction. To date the majority of work is achieved by word of mouth recommendation and an excellent brand name