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Drainage & Surfacing Specialist

Turnover: £624,000

Gross Profit: £346,000

Net Profit: £240,000

Region:
North West

Sector:
Building & Construction

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Business Details

Brief Description

- Business provides professional cleaning, inspection, refurbishment and consultancy services of drain, pipe-work & sewer systems, along with road surfacing.

- Excellent, maintainable profit margins (non adjusted) :
2011 (45%), 2010 (39%), 2009 (49%)

- Long standing enviable client base both public & private sectors (established position on preferred suppliers lists)

- Faired extremely well through current economic downturn

- Skilled, experienced and reliable workforce

- Excellent bolt on opportunity for existing provider

Incorporated in 2005 this well established Drainage specialist predominantly services the commercial marketplace by providing professional jetting cleaning, inspection, refurbishment and consultancy services of drain, pipe-work and sewer systems, along with road surfacing.

The business offers a 24-hour emergency callout service for drainage problems including; high pressure water jetting, camera close circuit television (CCTV) surveys & inspections, pipe reforming & relining, repairs, maintenance, drain & pipe cleaning etc. Drains from 2m to as deep as 7m are serviced.

The company has firmly established itself as one of the lead specialists within its area. The company prides itself on a reliable, competitive and quick turnaround service, which has resulted in excellent levels of customer retention, repeat business and a position on its clients preferred suppliers list. Clients include a range of large blue chip organisations within the housing sector, local authorities and water boards etc along with a small amount of domestic works.

Backed by years of practical experience, this business provides a winning formula that has placed the business in an enviable position in the market place offering an excellent platform for immediate expansion as very little marketing is currently carried out. The Vendor works within the company on a full time basis and is supported by a number of engineers who work to a disciplined procedure on every job.

Potential Opportunity

Growing since 2005, this business has positioned itself for scale and presents a great opportunity for a well resourced new owner to take full advantage of market opportunities.

Reason for Sale

Having successfully built a thriving business to date, the Vendor now wishes to capitalise on his investment and pursue other interests with a view to emigrating. The sale is instructed on a share transfer basis and the price will be adjusted upwards or downward to reflect the net assets at time of completion.

Offers are being invited for 100% of the issued share capital.

More Information

Established:
2005
Status:
Ltd Co
Reference:
SMBO221

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