CONTRACTORS FOR RENOVATIONS AND INTERIORS
| Business Type: |
Building Contractors
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| Location: |
In all towns, All Districts, CYPRUS
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| Type of Tenure: |
Leasehold |
| Business Reference: |
CYS109L |
| Asking Price: |
€ 3.800.000 |
| Annual Turnover |
€3.000.000 |
| Gross Profit Margin |
30% |
| Monthly Rent |
€2.140 |
| Stocks (at cost) |
€500.000 - €600.000 |
| Reason for Sale |
RETIREMENT |
| Accounts Available |
2000 - 2010 |
| Years Established |
26 |
| Incorporated Business |
Limited Company |
| Vendor Financing |
NEGOTIABLE |
| Full-time Employees |
18 |
| Internal Area |
1.310 sqm |
Description
Asking Price includes the business and all its assets (warehouse, stocks, etc) free of debt or encumbrances. However, a sale at a much lower price is possible, if company debt is assumed by Buyer.
- Building interiors and finishes contractors established for over 30 years and enjoying an excellent reputation for quality and reliability. 2014 sales close to EUR 3,5 Million.
- Operating out of a State Industrial Estate with fully equipped facilities, warehouse, offices, showroom, of total area 1.310 sqm. Independently appraised Market Value of real estate (industrial plot, warehouse, offices, showroom) EUR1Million and value at cost of inventories ranges from EUR 500 to 600K.
- Specializing on the high-end of the market, mainly corporate contracts for hotel, office and commercial buildings. Both renovations and newbuilds and also interior and exterior sports surfaces. Steady, repeat business from major hotels and corporations in Cyprus. Also has a history of overseas jobs (Russia).
- In addition, sells wholesale flooring, wall and ceiling finishes and decorative materials. Majority of materials sold are own imports.
- Headcount is 18 persons including Management, full-time technicians and supervisors, interior decoration designers, warehouse and administration personnel.
- An excellent opportunity for a General Contactor who wishes to integrate interiors construction and renovations to their operation, an existing interiors company which wishes to grow by acquisitions or a major developer/property owner who wishes to do all interiors and finishes works in-house.
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- The present business is offered for sale by DealMasters. Any information downloaded or printed is intended strictly for private use by you as a Registered User of our web-site; it may not be copied, published or distributed in any manner.
- You are advised that this is a confidential sale, therefore no direct approach to the business owners or business premises should be made and all viewings should be arranged through DealMasters.
- Prior to disclosure of the identity of the business and/or its owners, business financials and other operational details, interested parties will sign the standard Confidentiality Agreement, which can be downloaded here or sent to you by fax upon request.
- We do not perform any due diligence on businesses for sale, business owners, or the information provided by them. Such information is passed on by us without any guarantee or responsibility. Interested Buyers are strongly urged to perform thorough due diligence prior to acquiring a business
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