The business is formed as two limited companies, a successful roofing contractors established for over 15 years that carries out a wide range of roofing disciplines, including slating, tiling, felt roofs, lead work etc. predominantly to a large number of domestic properties via contractors for local authorities and housing associations. The second company established over six years as a roofing centre selling a full range of new roofing materials for the trade and domestic markets.
80% of roofing contract work is for the domestic market however it also includes a number of commercial projects on schools, churches, offices and commercial buildings. Project sizes are up to circa £300,000. The roofing centre provides a comprehensive range of roofing materials and is able to measure and quantify drawings for customers, which is an advantage over the competition.
There are over 20 staff including the Directors across the business with some long standing and experienced management that includes managers in the contracting, supplies and materials areas of the business. The business operates from three locations, one site which is leased and two sites that are owned freehold. The freeholds are available to purchase if required.
The business is offered for sale as the main shareholders are looking to semi-retire and pursue other interests. They are prepared to provide a reasonable handover period to secure the ongoing success of the business subject to agreeable terms.
2011 turnover £3.5m, net profit circa £220,000. 2012 projections; £3.8m, net profit circa £290k.
Offers in the region of £1.4m for 100% of the share capital of the business. The freehold premises are also available if required, value circa £465,000.
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