Meetjesland: partnership with apartment building & commercial ground floor

Asking price Price on request

DESCRIPTION
The building offered consists of the following parts:
* a commercial ground floor in which a specialist shoe and leather goods store is operated - built in 1976 - renovated in 2007
* a spacious apartment (approx. 107 m²) on the 1st floor above the shop - built in 1976 - renovated in 2010
* a warehouse (approx. 520 m²) used by the shop - built in 2014
* An apartment building with 6 rented apartments - built in 2007
* 10 rented garage boxes in brick construction

The total area of the plot is 2,388 m².
Total street width approx. 37 meters.

Part of the total building is owned by a private limited company, and part is owned by the shareholders of the private limited company.

The total has the following additional potential:
* An additional apartment can be created on the 2nd floor above the shop (currently unfinished attic space)
* A spacious loft can be created above the six apartments (this was included in the permit and the meters are already in place).
* Behind the building is a project site with a width of approximately 26 meters, on which it is possible to construct a new apartment building (= building land).

LOCATION
This building is located in East Flanders, in the Meetjesland region, in a highly commercial location, close to the station.

INTERESTED?

Please contact Finactor and we can provide you with all the detailed information.

Active since
2007
Real estate included
No
Translated from
Dutch
Disclaimer
Takeover market is not responsible for the content. Please check for accuracy and completeness.

Meer van deze overnamebemiddelaar

All company advertisements
HVAC Installation Company
Oost-Vlaanderen

DESCRIPTION AND ACTIVITIESOverviewAn established and profitable Belgian installation company active in bathrooms, plumbing, central heating, ventilation, and air conditioning is up for sale.  The company has strong regional roots in East Flanders and Flemish Brabant and enjoys an excellent reputation thanks to more than 60 years of experience, craftsmanship, and a customer-focused approach.The company operates as a full-service installation contractor and focuses primarily on:* complete bathroom installations and renovations* plumbing installations for residential and commercial customers* central heating systems* installation of ventilation and air conditioning systems* repair and maintenance of the above systemsThe company takes a project-based approach with close follow-up and quality control. Its activities focus primarily on the residential market, supplemented by small-scale commercial projects. The company often serves as the central point of contact for its clients.In addition to the two managing partners, there are about 10 employees working for the company, supplemented by several regular subcontractors.Annual revenue averages approximately 4,300,000 to 5,000,000 EURwith an EBITDA margin of approximately 15%.LOCATIONThe company is housed in its own commercial building located in an SME zone.The lot has an area of approximately 3,718 m², and the building consists of a renovated showroom, warehouse, and residential and office areas.The building is functionally designed as an installation company and is immediately ready for operational use.The building’s value is approximately 1,000,000 EUR.The property represents significant strategic and financial added value and offers flexibility in the transaction structure (retention, separate sale, or sale-and-lease-back).UNIQUE SELLING PROPOSITIONS* strong local market position* Diversified customer portfolio* Limited dependence on individual clients* High proportion of repeat business and referrals* Work largely carried out by in-house staff* Own equipment and vehicles* Efficient internal organization and project managementThe company operates in a structurally attractive market, supported by renovation and energy trends.FOR SALEThe shareholders wish to ensure the company’s continuity through a transfer of shares and are open to discussions with strategic or financial acquirers.The current owner is willing to assist the acquiring party in transferring knowledge and contacts. The timeline and terms under which this can take place are negotiable.All terms of the acquisition are open for discussion.Interested? Please contact us, and we can provide a detailed acquisition memorandum containing all financial information.

Price €5,000,000.00
Construction, Production and Engineering

Receive our newsletter

Leave your e-mail address and stay informed of our latest updates and offers. We will gladly keep you informed of new search results and relevant information.