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This business was founded more than 30 years ago by the current owner and specialises in supplying ready mixed concrete, building aggregate & sand to both domestic and commercial customers within a delivery radius of circa 30 miles of its Carmarthenshire premises. Over the years, it has gained a reputation for providing its products on-time and at attractive prices; this has led to significant repeat custom and reliable, long term commercial relationships.
The Vendor works full time in the business.
Long established and highly regarded business
Loyal customer base
Knowledgeable and reliable staff
Employees in place to carry out growth plan
Very well positioned for growth
Capacity on site to introduce new products such as an Asphalt Plant
Opportunity to widen the area of supply
y/e £s 2014-15
Cost of Sales 1,009,610
Gross Profit 694,573
EBIT before Directors
Currently only full year accounts for year-end September 2013 are available however the Vendor has declared that indications are that the business has continued to trade at this level.
The company is being sold with a Net Asset Value of £338,174 (the “Benchmark NAV”) and there will be a £ for £ increase/reduction in the final sale price to reflect any deviation from this Benchmark NAV in the final completion accounts.
(Net Assets, 2015 Accounts)
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