Specialist Tier 1 Roofing Contractor – Commercial, Public and Private Buildings
Ref. GB199
Location : Essex
Asking Price : £1,300,000
Business Profile
The Business is a tier 1 roofing contractor, specializing in the design and installation of high performance roofing solutions and complex roofing structures as per client specifications primarily in London. Installations cover a wide range of commercial and public building as well as multiple occupancy residential schemes for developers.
The Business has completed a rich and diverse portfolio of installations since the business was established in 1993.
The Business has a well established reputation for quality and high levels of workmanship among the top building contractors, especially where there are intricate roofing requirements using high value materials. Indeed the majority of new business comes from these well established relationships.
The Business employs over 40 people with full time, permanent field based project managers who ensure that client needs are met in a timely and cost effective manner and to the quality they expect as well as complying with all the on-site health and safety procedures.
Furthermore the entire team has benefited from an on-going training program and is supported by a very efficient and effective back-office. The back-office manages the ordering and delivery of materials to the site as well as business development, project estimations, financial and supplier management.
The Business revenue in FY2014 was £7.3mil with an underlying EBITDA of £113K that reflects the squeeze put on sub-contractors by principals. Margin has been carefully managed through 2015 and EBITDA is expected to be £200K+ in FY2015.
With a busy installation schedule and strong pipeline this opportunity gives a roofing contractor a unique, fast-track entry in to the tier 1 London construction sector.
With a busy installation schedule and strong pipeline this opportunity gives a roofing contractor a unique, fast-track entry in to the tier 1 London construction sector.
The owner is justifiably proud of what he has achieved with the company enjoying an unparalleled reputation for quality and experts in their field. He continues to manage day-to-day operations and to provide strategic direction for the company.
After putting his heart and soul into the Business for over a quarter of a century, the director feels that now is the time for others to take the business forward.
With the tremendous potential for future growth and not wanting to see his life’s work wind down, the current owner seeks to find a suitable buyer who will continue where he leaves off.
