Chartered Architects and Surveyors
Location : West Kent
Asking Price : £95,000
Turnover : £117,823
Net Profit : £60,000
Gross Profit : £113,296
EBITDA : Undeclared
Net Asset : Undeclared
Premises : Leasehold
Confidentially offered for sale
Turnover circa £117,823 per annum
Gross profit £113,296
Net Profit c£60,000
Members of the Royal Institute of British Architects &
Royal Institute of Chartered Surveyors
RIBA Chartered Practice
Well established working relationships with building contractors
Chartered Architects operating in the residential & commercial sector.
Full range of architectural services
Consistent pipeline of work
Well established – over 50 years of successful operation
Significant growth and expansion opportunities.Business Profile
Established in 1965, this chartered architects and surveyors practice specialises 99% in the residential market with just a small foothold in the commercial sector.
Past & present projects include Residential, Commercial, Ecclesiastical, Listed Buildings, Industrial, Retail and Agricultural including extensions, improvements and new builds. The practice has built a good working relationship with local planning departments and building contractors offering feasibility studies, measured surveys, planning and building regulation applications, disabled access improvements; contract management, and full architect services that are both innovative and practical from inception through to completion.
Designs are well detailed and naturally meet all current standards and regulations for residential and commercial projects.
The practice ensures that it provides personal attention to all clients and is not dependent on the size of the project and has gained an excellent reputation for the quality of its work.
Well established, the practice has developed into a very well recognised ‘brand’ within its local marketplace, not only amongst its client base, but also amongst the building control and planning authorities with which it works. The practice is particularly associated with providing a highly professional, knowledgeable and responsive service, whilst staying within budgets and timescales – all within a competitive fee structure.
This business provides a good all round service for its clients with close personal attention. It is particularly well known for being approachable and working in partnership with other professionals when required.
Well known, with over fifty years of successful operation the practice has a good network of contacts, excellent knowledge of local planning issues and good relationships with Building Control. Not surprisingly it has a broad, longstanding Client base – some of which have been working with this business for many years and benefits from strong word of mouth recommendations.
The business is being offered for sale on a going concern basis: all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.
Turnover circa £117,823
Gross profit £113,296
Net Profit c£60,000 for a single owner
The Asking Price of £95,000 is for the assets required to operate the business plus the goodwill .
The vast majority of the instructions this practice receives come from their website and the most effective form of marketing, word of mouth recommendation, testimony to the excellent reputation this business has established within its professional marketplace. This business has a well-designed, informative and easy to navigate website to showcase the services on offer. The web services could be expanded to introduce social media marketing which is proving so popular today, with the positive impact this could have in attracting additional clients.
Growth and Expansion:
Since being established the business has experienced sustained growth with still further potential for significant increase in turnover and profitability.
With all available resources dedicated towards service delivery, and almost always working at or near to capacity, this business has had little opportunity in the past to market its services to a wider target audience, outside its current Client base. Although marketing plans exist, the vast majority of business development, in the absence of dedicated marketing resources, has been via word of mouth recommendation. Should particular emphasis be placed on marketing for commercial designs this would undoubtedly have a positive impact on turnover and profitability.
The practice operates from offices over two floors in West Kent.
Small business rates apply of £961 per annum.
The vendor owns the freehold of the property valued at circa £250k, which is available at the additional price, if required.
Alternatively a new lease will be agreed for the successful purchaser, if required at a starting rent of £10,000pa.
Monday – Friday: 9am – 5.30 pm
The two Practice owners employ an agency secretary on a part time basis and one part time book keeper on a self-employed basis.
The owner is willing to provide continuity for the new owners with a hand over period, subject to negotiation.
The vendor is now looking at semi-retirement.
If you are looking for finance to fund your business purchase then we recommend that you talk with our independent finance broker. Because of his many years working at a senior level for a major high street bank he has had more success with finance applications than anyone else we know. He has helped numerous purchasers of businesses that we are selling, including buyers who have been turned down by their own bank! Call us today on 0800 046 1652 or email us at firstname.lastname@example.orgTurner Butler Disclosure Statement
This statement applies to information relating to any company or other undertaking or business advertised for sale by Turner Butler (a 'Business')
The information supplied by Turner Butler on its website or in any other promotional material ('the Information') is not and is not intended to constitute an offer for sale of the Business or any assets of the Business or of the shares of any company which owns the Business.
For the avoidance of doubt there is no intention to create a legal relationship which will only come into existence when a written contract for sale and purchase of the shares in or the Business has been entered into
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