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Scaffolding Contractors L/h Offers Iro £3.5m Re Locatable Currently Hertfordshire

Undisclosed Hertfordshire
HERTFORDSHIRE SCAFFOLDING CONTRACTORS – EST 1998, £500,000 NET PROFITS NEBOSH & IOSH ACCREDITED. CISRS REG £300,000 EQUIPEMNT OWNED OUTRIGHT SERVICES CLIENTS NATIONWIDE OFFERS IRO £3.5 M’S + WIP, REF: 9108EN
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 24454
ADVERT IMPRESSIONS : 34,198 TIME(S)

 
BUSINESS SECTOR: Building / Construction
TRADE TYPE: Joinery & Building
SALE: Agent Sale

LEASEHOLD:

£3500000
 

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BUSINESS DETAILS:

LOCATION
The business operates from a fully equipped yard with storage and office facilities operating throughout the London and home counties predominantly, although services clients nationwide.

The business can be fully re-locatable anywhere in the UK.
THE BUSINESS
Advent Business Sales are pleased to offer for sale this extremely well established and profitable scaffolding contractors.

Established in 1998 by the present owners, it has now reluctantly been offered for sale due to other business commitments.

Combined our clients have over 40 years experience within the scaffolding industry. Our clients offer a wealth of experience in delivering the safest possible scaffolding service at a very competitive price to a broad range of customers, which include:
• Local authorities
• Construction companies
• Housing contractors

In addition, a number of sub contracting and further private and commercial work bolsters our clients ever growing portfolio.

The business maintains high company safety standards with a detailed health and safety policy for each job undertaken.

Our client can supply method statements and risk assessments upon request.

The company is NEBOSH and IOSH Accredited.

All scaffolders are CISRS registered with the CITB.

Our client specialises and concentrates mainly on the domestic, commercial and industrial clients. The majority of work is carried out in the London and Home Counties area.

The business is equipped to a very high standard with all stock, equipment, machinery and vehicles paid for outright. A brief inventory includes:
• Scaffold beams and tubing
• Tin sheets
• Fitting boards
• Associated accessories
• 2 x forklift trucks
• 4 x 18 tonne trucks
• 3 x 7.5 tonne trucks
• 3 x berlingo vans
• 1 x Isuzi half back truck
• 1 x Mitsubishi warrior 1200

A conservative figure of equipment alone is in the region of £300,000.

An ideal purchaser would be an existing scaffolding contractor who operates on a national level to acquire as a ‘bolt on’ and absorb any overheads.

Turnover for the last trading year was in excess of £1.2 million with over £500,000 net profit generated for the year.

The growth potential is phenomenal with further advertising and marketing would attract further clients.
REF: 9108EN

STAFF DETAILS
The business operates with the 2 directors at the helm who own the business equally. A company secretary and an administrative employee make up the main nucleus of staff. All scaffolding work is carried out by sub contractors.

TRADING HOURS
24 hours

FINANCIAL INFORMATION
We have been advised by the vendor of the following:

Annual sales: £1,226,994
Gross Profit: £713,235
Net Profit: £500,000+ includes directors remunerations

Accounts will be made available to interested parties after a viewing has taken place.

Please let us know if you require finance for the purchase of a business.

BUSINESS PREMISES
Secured site with ample storage for equipment and vehicles.

Alternatively the business is fully re-locatable.
TENURE: Rented
Rent: £16,800 per annum

We are advised that the annual business rates are currently: £TBC


VIEWING

Please DO NOT approach the business or its employees without a prior appointment.
All appointments are to be made via our office.
   
  FOR SALE
   

REFERENCE:

9108EN / RightBiz
   
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