Stonemasons: Natural Stone Flooring - South East - Business for sale
Expert stonemasons and contractors specialising in the supply and installation of natural stone flooring and cladding, structural repairs and cleaning services for an extensive customer base in the south east, but primarily in the Canary Wharf area. The company, together with its subsidiary maintenance company, undertakes the majority of work in the Canary Wharf construction sector, for blue-chip and corporate clients. Preferred supplier to organisations based in Canary Wharf requiring stone structures - has c60% of the stone construction work in this location. Complementary constructional maintenance services provided by subsidiary company. Also includes regrinding, re-polishing, repair and fit out works. Current contracts include a three-year contract worth £4m and a new two-year contract worth £6m. Undertakes full design, supply and installation service providing a one-stop shop for all clients. Specialises in the supply and installation of stone for large commercial and residential tower projects - currently a growing market in the London area. Services provided are of the highest quality - evidenced by c95% client retention rate over the last five years. Unique business model allows greater flexibility - uses international suppliers providing good lead times for manufacture. Good level of tender success. GP £1.37m. Adj. EBITDA £705k.
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|Category:||Building and Construction|
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