CR191-West Kent-£135,000-Chartered Architects and Surveyors

West Kent, United Kingdom

CR191-West Kent-£135,000-Chartered Architects and Surveyors

Asking Price:$194,939

Cash Flow:$86,639

Gross Revenue:$170,136

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Established:1965

CR191-West Kent-£135,000-Chartered Architects and Surveyors

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Business Description

Chartered Architects and Surveyors
Ref. CR191
Location : West Kent
Asking Price : £135,000
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.

Detailed Information

Employees:
2
Facilities:
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.
Competition:
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 & 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.
Support & Training:
The owner is willing to provide continuity for the new owners with a hand over period, subject to negotiation.
Reason for Selling:
The vendor is now looking at semi-retirement.

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Reeta Verma

Business Listed By:
Reeta Verma

Turner Butler

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