Construction company focused on the construction of houses and apartment buildings

Investiční teaser

Středočeský region, Czechia

Listing number: 210037

Illustrative photo
Valuation 796 000 € (19 500 000 CZK)
Net debt
Net debt represents the company's indebtedness. It is expressed as the amount of interest-bearing credit minus cash in the company.
0 €
Revenue
Revenue represents the total annual revenues earned by the enterprise by the sale of goods and services during the accounting period.
2 776 000 €
History
History of business operation.
30 years
EBITDA
EBITDA is a financial indicator of the company's operating performance. Annual EBITDA is expressed as profit before deducting interest, taxes and depreciation in the year.
300 000 €
Employees
Number of employees employed in the firm on a permanent basis as of the date of publication of this teaser.
17

Basic information

The subject of the sale is a company that deals with construction activities, especially the implementation of constructions, their changes, and removal of constructions. The company focuses mainly on the construction of residential and family houses, or civic facilities. 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.

Every year, the company implements approximately 10 new orders. The company currently employs 17 people at HPP, the owners want these jobs to be ideally maintained after the sale.

The existing partners are also the company’s executives on the basis of employment contracts, they currently hold the positions of production manager and head of the technical and economic department. After the sale of the business, the owners are willing to play the role of managers for a limited time, but in the longer term, the new owner will have to find a replacement for these positions. The company is fully functional and can operate continuously after its acquisition by the new owner.

The company is located in a rented building, which is currently owned by individuals, the owners of the company. The value of this building incl. of land is estimated by a real estate agent at CZK 20 million. There are two possible variants of the company’s sale:

  1. Sale of the company together with real estate.
    • In such a case, the price for the company together with the real estate would be CZK 38.5 million + the value of the working capital (inventories, receivables, payables and cash) on the date of the sale of the share. 
  2. sale of the company without real estate, with the provison that the company will remain leased on the existing premises, with a market rent of 540 thous. CZK / year.
    • In such a case, the price of the company would be CZK 19.5 million + the value of working capital (inventories, receivables, payables and cash) on the date of sale of the share

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

Tangible assets

  • MERCEDES-BENZ truck
  • ATEGO container carrier + containers
  • CATTERPILLAR backhoe loader
  • 9x passenger and commercial vehicles
  • Desta forklift
  • Compressor
  • 5x construction and residential container
  • Scaffolding (tubular, HAKI, RUX, etc.)
  • 2x construction lift LOSP 200
  • System formwork
  • Vibration technology (plates and rammers)
  • Block, band saw and circular saws
  • Heaters, dehumidifiers
  • Other electric and hand tools
  • Office equipment, including computer technology
  • Minolta copier
  • Other

Intangible assets

  • contracts with customers
  • client database
  • website
  • 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: 230 thousand CZK / year
  • estimated value: CZK 20 million

This property may or may not be part of the sale – see sales variants listed above.

Currently paid rent in the amount of 230 thousand. CZK / year is fundamentally lower than the market, therefore in the case of the acquisition of a company without real estate, the rent would increase to 540 thousand. CZK / year.

Employees

  • 17x employee at HPP

Indebtedness

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

Total annual sales

  • 2018: CZK 39 million
  • 2019: CZK 73 million
  • 2020: CZK 67 million
  • 2021 (estimate): CZK 70 million

Annual profit before tax and depreciation (EBITDA)

  • 2018: CZK 0 million
  • 2019: CZK 6.2 million
  • 2020: CZK 5.4 million
  • 2021 (estimate): CZK 3.9 million

Note: the EBITDA calculation was adjusted to reflect the company’s profitability if it paid the market amount of rent for leased premises in the amount of 540 thousand. CZK / year.

Other information

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

 

Get more information

Ing. Tomáš Šuverík

managing director

+420 731 788 155
suverik@inbase.cz

Contact us if you are interested!






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