Property Descriptions

Chartered Surveyors and Civil Engineering & Project Management Consultancy Over 50 years of continuous trading Location: London Asking Price: £300,000 plus net assets Asking price includes: 2024 Turnover: circa £340,000 2024 Net profit: circa £100,000 (before Director’s drawings) More than 50 years historic trading Fully equipped and modern premises Excellent repeat customer base Knowledgeable, experienced and motivated team Comprehensive and detailed website The Business This business is extremely well established as Chartered Surveyors and a specialist consulting business for civil & structural engineering and project management services, providing these services to clients in the London area. Many clients have been so for many years and are considered reliable long term prospects. It was founded in 1974 by the vendor and in the time since it has grown to become an established consulting firm of 12x engineers and 2x surveyors, covering the following service areas: o Structural design o Project Management o Site Supervision o Refurbishments o Building Surveys o Party Wall Surveyor Services The business provides its portfolio of services to private clients but more usually client projects and consultations relate to commercial and institutional client such as developers and local Councils. The rigour applied to the formation and management of the business has resulted in a lean and cost managed company with robust routines for marketing, client management and payments. Customer Service: The business offers an excellent standard of service and is proud of their attention to customer care offering professional advice and high quality solutions. This is evident in the very high levels of repeat business the business enjoys and the fact it has always been busy and profitable. This business provides RICS surveys and services including conducting thorough structural analysis and designing robust, innovative solutions for a wide range of projects which through its project management services are are often managed from start to finish including CDM and Contract Administration duties. The business provides construction supervision services that guarantees client projects are completed with precision and in accordance to the strictest design specifications along with professional services for RICS Homebuyers Reports, Measured Surveys, Movement Monitoring, Schedule of conditions or Landlords Representative; and advise on all aspects of works under the Party Wall Act, acting as surveyors to the building owners, adjoining owners and as Agreed Surveyors. Key Strengths: The business has many strengths including • Enviable reputation throughout London and its Boroughs • Customer base • Exceptional levels of service • Repeat business levels and referrals • Significant investment in infrastructure • Highly skilled team • Profitability • Location Growth and Expansion: The business has enjoyed steady trade over many years and this is expected to continue in light of its growing and loyal customer base. The site has room for expansion if need be and this could easily be achieved if a new owner wished to employ further personnel as the demand is already there. The business does very little advertising and could certainly expand this activity with a more proactive approach. The business is well positioned to take maximum advantage of this growth as it occurs as it has the necessary infrastructure in place including a comprehensive and attractive website that includes an online enquiry facility. Reason for sale The business is for sale due to the current owner’s wish to retire. Financials 2024 Turnover: circa £340,000 2024 Net profit: circa £100,000 (before Director’s drawings) On the basis that the Business is being sold on a zero cash-zero debt basis, full and up to date management accounts are available upon request. Asking Price: Offers are invited for 100% of all the issued capital of the company. There will be a £ for £ adjustment to the final sale price to reflect any upward/downward movement away from the target net asset price.