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Business For Sale

ROAD MAINTENANCE CONTRACTOR

Attn: Andrew Hudson
'South Wales', United Kingdom, GB
Listing Number: "GP114"
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Asking Price: $1,575,000 GBP United Kingdom Pounds
Business for Sale Industry: Services: Construction, Contractors  
Reason for Selling: The owner has decided to take early retirement.
Yearly Revenues: $1,300,000
 

Business for Sale Overview:

The business has been established for over thirty years and was acquired by its present owner in 2000. It majors in three main areas of the road maintenance business. Firstly the long term hire or daily rental (with operator) of road sweeping vehicles. This is a key area of revenue due to the ongoing development of new commercial and residential projects in the region in addition to the usual road and motorway operations. Secondly is the Road Paver Hire and laying of black top where machinery is always supplied with qualified operators. Thirdly is the Road Planing sector that accounts for circa five percent of turnover. The business has invested in specialist machinery for this market that gives them a leading edge over the competition. The company has built an excellent reputation in a highly competitive market place without sacrificing margin and by building a wide-ranging client base of operations of all sizes. The base of around one hundred regular customers are largely based within a twenty five mile radius of the businesses offices and include everyone from small hand laying contractors, to house builders, quarries, concrete plants, councils and national home builders.


Property Features and Assets:

Located in a prime area, the Head lease for 99 years runs from 2000. Therefore a balance of about 91years remains. The premises are situated on a small industrial site and cover 0.67 of 1 acre. The head lease is available for a fee of £250,000. The premises are license for B1, B2 and B8 uses in addition to the current use as a plant yard. There is a workshop, one portacabin office some secure storage and ample parking. The site is alarmed and protected by a fence.


Market Competition and Expansion:

The company does not advertise but does have its own website.


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