Ireland Construction Business

This business, established in 2010, specializes in providing construction services for  various buildings, including apartment blocks, hotels, and office buildings, as well as their associated basements and undercrofts. Projects typically last up to two years, and the company collaborates with some of the largest main contractors in Ireland, completing projects that range in value from €500,000 to €15 million, often on a labor and plant-only basis.

Industry Overview: The construction industry, particularly in Ireland, is experiencing a renaissance with significant government investments and a revival in office and residential developments. According to industry insights, the sector is set to flourish, backed by a €6 billion allocation for housing and a surge in renovation projects for aging buildings. This backdrop provides a fertile ground for growth-oriented businesses in the construction domain.

Growth & Expansion: The future outlook for this business is exceptionally bright, with opportunities to double turnover by integrating a full supply model. Expansion into other key cities presents an untapped avenue for growth, building on the firm’s success. Additionally, leveraging emerging markets and diversifying the workforce could further enhance operational capabilities and market reach.

Facilities: The business has a dedicated office space spanning 3,000 square feet, complemented by 8,000 square feet of warehousing and a substantial 90,000 square feet concrete yard area. This strategic setup enables efficient project management, logistics, and supply of equipment for on-site operations, ensuring high productivity and collaboration among the team.

The transaction includes approximately €9.5 million in total assets. The company employs a dedicated workforce of 250 to 350 individuals, led by a strong management team. The current owners are eager to stay with the company after the sale, and they are confident that the existing team will also remain with the business.

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