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INDUSTRY
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BUSINESS SUMMARY
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Carpentry
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New Build Homes
Specialist
Confidentially offered for sale
Ref No:GB067
Location: East Anglia
Asking price: £990,000
This first class carpentry business was established by the current owner in 1973. Since that time it has grown to be recognised as the new build homes carpenter of choice in its locale – a busy region in East Anglia, where there is much demand for and building of new homes.
First class relationships exist with the major national and regional housebuilders operating in the area. The company is regularly assessed for performance by these large companies and consistently achieves very good results. The business has been awarded a formal subcontract performance award and has worked on numerous sites where NHBC awards have been attained. Circa 90% of current turnover is generated from within the new build market: the balance is comprised of refurbishment work.
The company is engaged in all of the woodworking and timber aspect of a home. This includes roof timbers, flooring joists, floorboards, architraves and skirting boards. It may additionally include the installation of wooden window frames and complete kitchens.
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BUSINESS FINANCIALS
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GENERAL COMPANY INFORMATION |
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Organization Structure: |
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Headquarters/Main Location: |
Home Based
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Time on lease/mortgage: |
N/A
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Is Business Relocatable? |
No |
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MARKET OUTLOOK/COMPETITION
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| To date most new business has been won through referrals and direct ‘word of mouth’ recommendation. There is a strong network of surveyors moving within the industry, who are inclined to use those sub contractor companies who have served them well in previous jobs.
As the business is very well established in its main area of operation, a formal marketing plan would only be needed for the generation of new contracts ‘out of area’. |
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DETAILS ABOUT THE SALE
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Support & Training
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A full period of training, handover and familiarisation will be provided to ensure a smooth transition to new ownership. |
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Reason for Selling
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This is a genuine retirement sale. A stage has been reached where the owner wishes to retire and is offering the business for sale not only as an organically expanding going concern but with further significant growth potential. |
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Is Management Willing to Stay?
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No
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Are You An Intermediary?
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No
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Web Site Design
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