North West based Construction Business

Business Information Memorandum

North West based construction business.

Executive Summary

Established in 2020, has been serving the construction needs of the North West UK region with their experienced team of over 20 years’ experience. With a focus on large residential and small-mid size commercial projects, the company has built a reputation for quality craftsmanship and timely delivery.

Business Overview

Location: North West, UK.

Premises: A modern office located in the North West

History: Established in 2020 by our client an experience construction professional.

Products and Services

Residential Construction:

Our client caters for large scale home extensions and property refurbishments, new homes, and apartments buildings. No job is too big for the company as they have a multitude of experienced staff and external likes with architects providing ongoing referral opportunities.

Commercial Construction:

Office buildings, retail spaces, warehouse constructions and full office refurb/fit out on any scale, however the business has found its niche with the small to mid-size market, which is where the business has found its niche with the commercial side accounting for approximately 80% of the annual revenue.

Project Management:

End-to-end management of construction projects with a directly employed team and a pool of subcontracted workers established over a 20-year period.

Market Overview

Target Market:

Homeowners, local businesses, and property developers in the North West region. The business works with some commercial customers on an ongoing basis including housing trusts, architects, and HMO operators.

Market Trends:

A growing demand for sustainable and energy-efficient constructions, with a shortage of skilled trades this sector has many opportunities.

Competitive Landscape:

There are a range of local competitors, but few with a full-service offering like this business.

Operations

Employment

Total Employees: 6

Qualifications: Multiple team members with advanced certifications and over 20 years of industry experience.

Marketing:

The business enjoys a constant stream of referrals from external working partners such as architects, in addition to have commercial customers bringing in repeat business such as HMO operators, Serviced Office operators and housing trusts.

Technology: Utilizes modern construction management software and works with external partners to produce detailed drawings and renderings alongside quotes produced.

Opportunities

Strengths: Reputation in the region, experienced staff, diversified service offering and ongoing relationships with residential and commercial customers providing repeat trade.

Geography: Expansion into neighbouring regions, embracing more sustainable construction methods. Working with national commercial customers to aid expansion and geographical reach.

Expand Services: Increase range of services on offer to include an in-house design team.

New Homes: The business has an experienced team of trades and would make an ideal business to expand into the new homes sector.

Marketing: The business does not require any specific marketing as they enjoy continuous referrals, however with the addition of digital marketing the business could easily expand its revenue by developing their residential and commercial customer base using social media, PPC and local press.

Reason for Sale and Terms of Sale

Our client has been working in this industry for over 20 years and is now looking to pursue other interests. Our client is seeking a 100% share sale of the business with a handover period to be agreed upon.