For a potential buyer, we provide a full range of free consulting services related to the acquisition of these assets. Our provisions and services are paid by a Czech seller.
General characteristics of the construction company for sale
The company for sale has an 11-year history of work on the construction market of the Czech Republic (since 2005).
Main specialization and activities:
- functions of the customer-developer;
- general contracting works;
- construction and installation works;
- finishing and repair works;
- electrical and plumbing works;
- construction of external and internal networks and communications;
- landscaping and landscaping.
Legal form: s.r.o. – společnost s ručením omezeným (analogue of AN LLC)
Owners of shares in a LLC: Czech individual – 90%, Czech legal entity – 10%
Location: Frydek-Mistek, Moravian Region (North Morava).
Field of activity: mainly North and partly South Morava
International certificates: ISO 9001:2008, 14001:2004 a OHSAS 18001:2007.
Number of employees: 57 of them are 8 senior and middle managers.
History of the construction company
The origins of the company begin with the late nineties, when its current owner began construction activities as an individual entrepreneur. Within 6 years, ip has successfully implemented several fairly large orders as a subcontractor and in 2005 it was decided to transform the company into s.r.o. (LLC).
In the following years, from 2005 to 2012, the company implements orders as a general supplier of earthworks at large facilities in the North Moravian Region and between its main activities are the construction of industrial facilities, administrative buildings, production workshops and warehouse hangars, capital reconstruction and repair of buildings and facilities.
In 2012, the company created its own design department, and since 2014 it has begun to perform the functions of the customer-developer.
With 57 employees and an annual turnover of about CZK 250 million (approx. 10,000,000 euros), MZT – 100 s.r.o. belongs to the category of medium-sized regional companies in the North Moravian Region.
Due to its strategic location in the center of Europe, the company is able to quickly respond to customer requests with the lowest price of transportation costs.
The city of Frýdek-Místek, Moravian Region – founded in 1260, 23 thousand inhabitants. 330 km from Prague mainly along the D1 motorway Prague – Ostrava. To the border with Slovakia – 30 km, with Poland – 50 km.
A great competitive advantage of the construction company is its own advanced design department of research and development. This fundamental advantage is very positively assessed by customers, since most other manufacturers do not have such departments, and as a result of this, they cannot offer innovative solutions and the latest products on the market.
The company has successfully participated in a number of commercial and government trends, has many positive customer references.
For 11 years of its activity in the construction market of the Czech Republic, the company has created good partnerships with a number of key suppliers who provide it with fairly good prices for the products supplied.
The company for sale has quite a significant position in the regional construction market of the North Moravian region.
General economic characteristics of the company
Average turnover for the last 5 years: up to CZK 170,000,000
Currently, the company's economy is unprofitable. The loss for 2015 amounted to 14.3 million kroons. The total amount of debt is about 40,000,000 CZK. Basically, these are overdue debts against banks and suppliers.
On the other hand, the company has quite large assets in the form of receivables of claim for a total amount of 25.7 million kroons, as well as assets in the form of real estate in the amount of about 11.2 million kroons (pledged to banks)
Total assets: about 37 000 000 CZK
Total liabilities: approx. 36 000 000 CZK
More detailed information about the economy of the company being sold, financial statements, legal documents – at the request of a potential buyer.
The format of the transaction and the activities of the enterprise after the change of ownership
The subject of the sale is 100% of the shares in a limited liability company (s.r.o.)
Price: by agreement of the parties.
The following options may be considered:
- The new owner, buying the company for a small amount, will further repay the company's debts at the expense of internal reserves and in the process of revitalizing the company.
- From the amount received for the sale of shares in the company, the existing debts of the company will be partially or fully repaid and the company will pass to the new owners "net" without debts or with significantly less debt.
The top management of the company is ready to continue its work after the change of ownership, but the most optimal seller seems to be a change in the company's management after its acquisition by the new owner. In this case, the current management of the company is ready to assist the new management (if it is interested) for a transitional period under a separate agreement with the new owner.
According to the estimates of the current owners and management of the enterprise, a possible change of ownership will not adversely affect the mood of engineering and technical specialists and the number of employees of the enterprise.
The purity of the transaction, the absence of hidden financial and legal obligations is guaranteed by the personal responsibility of the owners, the process of gradual transfer of management in accordance with the agreement, legal mechanisms and norms provided for in the Czech Republic.