Construction company focused on the construction of houses and apartment buildings

Středočeský region, Czechia

listing nr.: 230014

Photo is illustrative
Valuation 713 000 € (18 000 000 CZK)
Net debtNet debt is an indicator of a company's indebtedness. It is expressed as the amount of the interest-bearing loan minus the cash in the company.
0 €
Revenues Revenues express the total annual volume of the company's performance, which the company obtained through the sale of goods and services during the accounting period.
1 941 000 €
HistoryDuration of business operation.
20+ years
EBITDA EBITDA is a financial indicator of the company's operational performance. Annual EBITDA is expressed as earnings before interest, taxes and depreciation in a given year.
261 000 €
EmployeesThe number of employees employed in the company on a permanent employment contract as of the date of publication of the offer.
16

Basic information

The subject of the sale is a company that deals with construction activities, especially the implementation of buildings, their changes, and the removal of buildings. The company focuses mainly on the construction of apartment and family houses, or civic buildings. The company has more than 30 years of history, during which time the company has gained a dominant position and position in the construction market in its district.

The company carries out approximately 7 – 10 orders per year. The company currently employs 16 experienced people at HPP, the owners wish that these jobs are ideally preserved after the sale.

The company owns land and warehouse space with an area of ​​1,909 m² (built-up area 486 m²), these properties are part of the sale. Tangible assets with a total value of approximately 15.2 million CZK in acquisition prices include several passenger and commercial vehicles, an excavator loader, containers, a truck – container carrier, power tools, scaffolding, etc.

The company is based in rented premises, which are currently owned by individuals, the owners of the company. The company can continue this lease relationship even after the sale of the company, the company would subsequently pay rent at the market rate of 540 thousand CZK/year.

The existing partners are also the company’s directors on the basis of employment contracts, they currently hold the positions of production manager and technical and economic department manager. After the sale of the company, the owners are willing to take on the role of managers for a limited period of time, but in the longer term the new owner will have to find replacements for these positions. The company is fully functional and can operate without interruption immediately after acquisition by the new owner.

The base price for 100% share in the company is set at 18 million CZK, while this value includes all tangible and intangible assets of the company – the price will subsequently be increased by working capital (inventories, receivables, payables and cash) in the current amount. An alternative is the sale of the company together with the real estate owned by the owners, in which case the price would be 19 million CZK higher.

Overview of the company’s financial results

Tangible assets

  • MERCEDES-BENZ truck
  • ATEGO container carrier + containers
  • CATTERPILLAR backhoe loader
  • 9x passenger and commercial vehicles
  • Desta forklift
  • Compressor
  • 5x construction and residential containers
  • Scaffolding (tubular, HAKI, RUX, etc.)
  • 2x LOSP 200 construction elevator
  • System formwork
  • Vibration technology (boards and rammers)
  • Block, band and circular saws
  • Heaters, dehumidifiers
  • Other electric and hand tools
  • Office equipment, including computer technology
  • Minolta copy machine
  • In total, the company owns tangible assets (at acquisition prices) worth CZK 15,200,000

Intangible assets

  • Contracts with customers
  • Client database
  • Websites
  • Stable work team

Real estate owned by the company

Storage facilities

  • land area: 1909 m²
  • built-up area 486 m²

Real estate for rent

Office building:

  • land area: 1108 m²
  • building area: 553 m²
  • rent amount: 230 thousand CZK/year
  • estimated value: 20 million CZK

This property may or may not be part of the sale.

The current rent of 230 thousand CZK/year is lower than the market rate, therefore, after the sale of the company, the rent would increase to the market rate, to a value of 540 thousand CZK. CZK/year.

Employees

  • 17x employee at HPP

Indebtedness

  • the company has an established overdraft facility with a credit limit of CZK 1,500,000, currently not drawn down

Total annual revenue

  • 2020: 67 million CZK 
  • 2021: 68 million CZK
  • 2022: 80 million CZK
  • 2023: 37 million CZK
  • 2024: 49 million CZK

Annual earnings before tax and depreciation (EBITDA)

  • 2020: 5.7 million CZK
  • 2021: 7.6 million CZK
  • 2022: 6.9 million CZK
  • 2023: 3.7 million CZK
  • 2024: 6.6 million CZK

Other information

  • Duration of operation: 30+ years
  • Reason for sale: age of owners
  • Legal form: s.r.o.
  • Subject of sale: 100% share in s.r.o.
I am interested

Ing. Tomáš Šuverík

managing director

+420 731 788 155
suverik@inbase.cz

If you are interested, contact us!

We will be happy to provide you with more detailed information after signing a non-disclosure agreement (NDA).