Total of 18656 firms and businesses for sale today Tuesday 16th April 2024
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Sold. Chartered Architects And Surveyors

LISTING DETAILS
Firms For Sale ID:
34431
Vendor reference:
CR191
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£95,000  
Turnover / revenue:
£117,823
Net profit / cashflow:
£60,000
Years established:
51
Number of employees:
2
Employees / staffing:
The two Practice owners employ an agency secretary on a part time basis and one part time book keeper on a self-employed basis.

OTHER DETAILS
Reason for selling:
The vendor is now looking at semi-retirement.
Support and training:
The owner is willing to provide continuity for the new owners with a hand over period, subject to negotiation.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Chartered Architects and Surveyors
Ref. CR191
Location : West Kent
Asking Price : GBP 95,000
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.

Expansion Potential
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.

Market / Competition / Non-Competition Agreements
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.