A highly regarded provider of residential building solutions

Based in South West England, the company is a provider of residential construction services, with a focus on the delivery of new builds, extensions and renovations (including barn conversions) for high net-worth individuals. To support the efficient delivery of all projects, the company utilises a highly skilled workforce, which ensures that all projects are delivered to a consistently high standard.

The shareholder is now offering the company for sale to enable him to focus on non-managerial duties within the business, whilst facilitating growth of the company under the impetus of new ownership. Offers invited.

Key Highlights

– A member of the National House Building Council.

– Currently works with three active clients, operating on a project-by-project basis on three large projects.

– Often works with a larger number of clients when projects are of a smaller nature.

– Receives a high amount of repeat work from a core number of local architects and surveyors.

– Skilled management team in place, with individuals in place who take on some of the current Managing Director’s roles.

– Operates from shareholder-owned premises, which our client would be willing to negotiate a leasehold agreement for or sell, post-sale.

Financial Highlights

– YE23 consolidated turnover of £2.16m with an adjusted EBITDA of circa £780k.

– Average gross profit margin of 31% achieved over the last three years.

– Current order book value in place of £2.5 million.