Well Established Construction Company For Sale
- Asking Price: £349,950 +SAV
We are advised the business generated a turnover of circa £400,000 as of 2021, further financial information can be made available upon request.
Please quote reference B06557
- Tenure: Business Only
Please quote reference B06557
Hilton Smythe is delighted to present to the market one of the UK’s leading independently owned specialist contractors providing Underpinning, Mini Piling and CFA Piling.
The ‘business only’ opportunity is now being offered for sale due to ill health reasons however a full business transfer will be offered.
The company was established by our client in 2011.
AB Piling & Underpinning goal is to offer customers and clients the best innovative types of pile foundation solution for any types of projects with safety, budget and programme being a main priority.
Whatever the industry, they have the experience and expertise in providing ‘pre- tender’ and ‘pre-start’ logistical planning and advice, ground and site investigation, foundations, piling, civil and Geo-technical engineering services of the highest standard as well troubleshooting integration and advice.
AB Piling offers the following services -
- Driven piling
- Bored piling
- Open site piling
- Mini/Micro piling
- Vibratory/Sheet piles
- Drilled piles
- Retaining piles
- Screw piles
Sectors include -
We are advised the business achieved a turnover in excess of £400,000 for the year ending July 2021 with a similar performance expected for 2021-2022.
Our client admits he runs the business to suit and when they increase the advertising spend it always results in more work with higher turnover/profit levels. He advises there is high demand now in the market for this type of work and with the right level of advertising, the business would easily be able to achieve a turnover in the region of £1M.
Testimonials include -
“Excellent workmanship and a pleasure to deal with on a very difficult Project”
“A pleasure to have Andy and his team around. Very clean and tidy and would highly recommend.”
Key selling points -
- Many years of experience
- Ideal ‘bolt-on’ acquisition
- On site knowledge
- Professional advice
- 2 x website domain
- Over £150,000 of assets to be included in the sale
- Facebook page
- Instagram page
- YouTube video presentations
- Run from home/existing office opportunity
- Handover offered
Very rarely do business models of this type, experience within the industry come on to the open market and we therefore strongly advise any interested party to make an early enquiry to avoid any disappointment.
The business is run and managed by 3 full time staff members.
The business runs 24/7 work depending.
AB Piling and Underpinning is currently run from our clients home office location in Derby, however due to the specialist work it manages they cover most parts of the UK.
The business is being sold as a ‘Business only’ opportunity which will allow the business to easily be transferred to any alternative location across the country and would also make an ideal ‘bolt-on ’ acquisition to any other related business operating in the building/construction sector.
Referring to some of the case studio’s attached, you can see the breadth of the type of work carried out, from creating new support solution for a footbridge at Aldourie Castle in Inverness to a single storey piled extension in Shropshire.