Sub Contractor Brokerage For Sale

Business description

The business was established in 2007 and was instigated by the requirements of an existing client who needed an ongoing supply of reliable sub contractors and did not have the infrastructure to handle the payroll issues.

The vendor seized the opportunity to fulfill this requirement and built a comprehensive database of proven subcontractors whose skill sets cover the broad range of abilities required to fulfill any project related to the construction industry.

Individual requests and projects are assessed and the labour is sourced. The business also handles all the payroll issues which is a major benefit to client organizations who don’t want the additional administrative workload or to become involved in resolving disputes involving personnel. The business has presently got two major national clients with ample scope for adding additional customers.

Equipment:

The business is operated from a home based office and could be easily relocated .

Financial Information:

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler. The business handled over £1,000,000 of payroll in the first ten months of the financial year. This generated a net profit for the director of circa £34,000.

Other information

Competition / Market:

The company does not advertise its services and would benefit from a structured advertising campaign.

Support & training:

A full and professional handover will be available to the purchaser for a period to be agreed as part of the sale process.

Reasons for selling:

The founding director spends much of his time working away from the home office and as such would like to pass the business on to a buyer who could develop it further.