Norfolk Based (Confidential Sale)

This well-established roofing business has a strong reputation for quality work, serving commercial, industrial, and residential clients for over five decades. Offering a range of roofing solutions, the business has grown a loyal customer base and a steady turnover exceeding £2 million annually. This profitable business presents a compelling opportunity for a buyer seeking a well-organised and respected roofing company, and is now offered for sale due to the vendor wishing to retire. This listing is a confidential sale at the vendor's request. For further information on the business, completion of an online non-disclosure form will be required - please get in touch with our office to arrange this.

THE BUSINESS

This business operates with robust profit levels, benefiting from a dedicated team of full-time staff and trusted subcontractors. Projects span from single sites to multi-unit developments, with diverse work including repairs, refurbishments, and complete roof installations. The company's streamlined processes and favourable customer reviews underline its high operational standards and strong market presence within the sector.

PREMISES

The business operates from leased premises with a favorable rent agreement and terms recently renewed in October 2023. The premises are centrally located within the service area, allowing efficient access to various client locations and transport links. The current lease terms offer stability for a new owner to continue operations, and energy efficiency improvements to the premises are underway to comply with current regulations.

KEY HIGHLIGHTS

• Long-established roofing business with over 50 years of industry experience.
• Annual turnover in excess of £2 million.
• Genuine retirement as the reason for sale.
• Extensive project portfolio across commercial, industrial, and residential sectors.
• Dedicated, loyal team including full-time staff and subcontractors.
• Secure lease terms with an affordable annual rent.
• Strong profit margins with ongoing demand for roofing services.
• Reputable business known for high-quality workmanship and reliability.
• Potential for growth in both residential and commercial roofing services.
• Comprehensive, professional handover available to support a buyer's transition.

If you would like to know more, please get in touch with our office to complete a short online non-disclosure form (via Dropbox Sign) - once received we will be able to release further information on the company, the name and location.

ADDITIONAL INFORMATION

AGENTS NOTE: This is a business for sale as a going concern, not an empty premises for sale or let.

CONFIDENTIAL SALE: This listing is confidential at the vendor's request. In order to release further information on the business - including the business name, location, and accounts - we require you to complete a short online non-disclosure form. Please contact our office, and we will provide full instructions and assist where required. We have used our office postcode for this listing to protect the confidentiality of the business name and location, as online platforms require a valid postcode to market a business or premises.

REFERENCE NUMBER: M36086E.

OPENING HOURS: 8:00am to 5:00pm, Monday to Friday.

TENURE: Leasehold. The business operates from premises currently leased on a 6-year term from October 2023.

The purchaser will be responsible for the landlord's costs and fees in connection with the assignment of the lease.

RENT PAYABLE: £30,000 per annum + VAT.

RATES PAYABLE: £12,375 per annum.

This information has been provided to us by the vendor, and any interested party is advised to enquire with the local authority to check the position with regards to business rates that will apply to a new owner.

STAFF: 5 Full-Time and 1 Part-Time employed staff members, with 10-12 self-employed sub-contractors.

EPC: The current Energy Performance Certificate states the property has an 'F' rating with a score of 142. The landlord is arranging for improvement works to bring the building up to the required rating.

PRICE: £495,000 + STOCK AT VALUATION.

The stated price is for the Goodwill of the business. Stock and Assets are payable in addition on completion at the current account value as at that time. The sale is to be by way of a company share sale on a cash free/debt free basis. The price is net of any working capital provision if required by the buyer. The lease on the business premises is to remain in the company name. This is a business for sale as a going concern.

VIEWING: Strictly by appointment only, please get in touch to make an appointment.

FINANCE: We may be able to help you with business financing or your commercial mortgage needs, subject to eligibility. Please let us know if you need our assistance with this, and we will put you in touch with our recommended whole of market broker.

BUSINESS TO SELL: Thinking of selling your business? That's our business!

If you are interested in finding out how much your business is worth, we offer a free and confidential valuation service. You can choose the time and day that suits you best, and we will give you an honest and professional assessment. Please contact our office at your convenience to book an appointment.

PREMIER MARKETING: We are passionate about showcasing our businesses in a way that sets us apart from others. We provide quality property details and comprehensive information on all online platforms and our own website. If you want your business to stand out from the crowd, call us to book a free valuation.

DISCLAIMER

1. Money Laundering Regulations: Intending purchasers will be asked to produce identification documentation at a later stage, and we would ask for your cooperation to ensure no delay in agreeing the sale.

2. General: While we endeavour to make our sales particulars fair, accurate, and reliable, they are only a general guide to the property. Accordingly, if there is any point which is of particular importance to you, please contact the office, and we will be pleased to check the position for you, especially if you are contemplating traveling some distance to view the property.

3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets, flooring, or any built-in furniture.

4. Services: Please note we have not tested the services or any of the equipment or appliances in this property. Accordingly, we strongly advise prospective buyers to commission their own survey or service reports before finalizing their offer to purchase.