Drainage And Sewage Services Groundworks Business With Freehold For Sale

Business description

An opportunity to acquire a long established and fully certified civil engineering Company specialising in the drainage and sewage services sector. Originally founded in 1997 by the current owner who has 30 years industry experience the business employs family members from three generations. One of the best know in its region with many longstanding preferred supplier relationships in place.

Making use of modern machinery and technology an extensive range of ‘one stop shop’ services are provided to clients including unblocking, pipe lining with an emphasis on specialist trenchless works featuring less intrusive solutions, camera surveys with CCTV rigs that include remote control tractor units, impact moles, manhole to manhole pipelining, localised patching systems, jetting and ‘Hydroburst’ pipe bursting systems.

Clients include residential properties, local authorities as well as projects for architectural surveyors, civil engineers, housing agents, breweries, leisure companies and general commercial organisations. The work spectrum encompasses projects from new installations of drainage and treatment plants to septic tanks and soakaways as well as remedial works and repairs.

The business enjoys full ISO 9001-2000 quality assurance and the required trade operatives certification CITB and CTA Certification for Confined Space, Street Works and Construction Plant Competence.

Property information

Property:

Freehold

Lease terms:

All plant, stores and works operations are centralised in a Freehold trading estate location. The sale price includes this Freehold consideration which comprises large ideally situated secure yards with containers for storage of equipment, 3 phase electricity, telephone, water supply and which benefits from full planning consent for the development of offices and storage buildings; however the owner will consider a leasehold purchase of the business only with offers invited accordingly.

Location:

Ideally located operational site with easy access to regional routes and the national motorway network.

Other information

Expansion potential:

This is a genuine opportunity to acquire the goodwill, intellectual property, knowledge base and assets of a professional and highly regarded business which is attractive as a standalone operation or equally could be a strategic purchase by an existing trade related business.

There is plenty of scope for further development of the business including employing more staff, widening the sales territory, expansion of the services range and cross-industry diversification.

The Company has established itself as a well regarded supplier in its local market; this opportunity therefore clearly provides a strong platform from which a new owner can develop the business further.

Support & training:

Full support and knowledge transfer will be provided in order to aid a smooth and successful transition of ownership. Second and third generation family members are willing to continue their association with the company and as such would provide a purchaser with continuity of day to day management and supervision.

Reasons for selling:

The business is now offered for sale as a going concern on a confidential transfer basis as the senior owner wishes to retire.

Trading hours:

Operational hours are currently Monday to Friday from 8am to 6pm.

Financing available:

A number of corporate finance firms are engaging on the opportunity thus providing funding / MBI support to suitable candidates. Please contact the selling agent for further details and introductions.

Furniture / Fixtures value:

£260,000 (included in the asking price)