125,000

Restoration Business

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Ad Details

  • Added: November 21, 2018

  • Sale Price: 125,000

  • Location: Wales – South

  • Phone: 01204 556300

Description

Ref: 12852 H
Business Only
Price is + SAV

Hilton Smythe is delighted to welcome to the market this well-established, award winning restoration business, which is currently located in Carmarthenshire. The company was established in 1987 and is only now being offered to the market due to our client’s desire for an early retirement.

The business currently operates as and when needed and generates a turnover in the region of £153,000 per annum, with a gross profit of approximately 68%.

Our client offers a variety of restoration services including stonework, carpentry, plastering and roofing, using mainly traditional materials and methods. Heritage 2000 have worked on many projects for the National Trust, Welsh Heritage (CADW), ecclesiastical buildings. local authorities and many private customers in England and Wales.

Due to the high demand for the use of traditional skills, this business is going from strength to strength.

Currently the business is working on a chapel restoration (£75,000), a church (£10,000), a conversion (£100,000), plus more.

Our client’s work covers a wide range of buildings, from cottages to castles and have built up an excellent reputation within the business for the very high quality of the work offered, which has resulted in a very loyal client base, with a high volume of repeat trade and word of mouth recommendations.

We feel the turnover could be increased by expanding the areas of work, perhaps by going countrywide. A new owner could also embark on a modest marketing campaign to highlight the services offered. The business already has an excellent website in place to promote the business at www.heritage2000.co.uk and benefit from maximum SEO(search engine optimisation) on google for stone restoration.

This is an excellent opportunity for a new owner to take this already thriving business to the next level, it would also make an excellent bolt-on to an existing business within this sector, therefore, early viewing must come highly recommended to avoid disappointment.

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