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Highly Profitable Midlands Scaffold Company in Warwickshire with Exclusive European Contract

Undisclosed, Warwickshire

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    03/03/23

  • Advert ID

    509304

  • Freehold: £500,000
  • Turnover: £253,000 (£4,865 Per week)
  • Net Profit: £105,000 (42% Profit margin)

Key Features

  • Unique Business
  • Established Business
  • Attractive Business
  • Retirement Sale
  • Offers Invited
  • Small Business
  • Accounts Available

Business Details

Highly profitable scaffold company in the midlands

Small but highly profitable business for sale, nationwide contract with a huge European client that is getting busier every year, we are the only company they use in England and provides around 140k of work a year on a fixed price price per square metre of elevation of building and is around 70% profit.

We also cater to several medium sized builders who mainly do schools, one off building and housing sites of upto 15 houses.

Roughly 220k of the turnover comes from customers who have been with us for over 5 years, they stay with us because of the reliabilty and arent worried so much about the cost.

We dont edvertise and rarely takeon new customers unless its for customers that we have been recommended to.

Scaffold assets stand at around 240-280k and with lorries and a 3.5t pickup truck making up another 30k.

It's hard to sell as it is so profitable but im 33 soon and want to retire in Thailand using rental properties for income. The contract with the European company is so profitable I had even considered flying back as it only requires 6-8 days work a week but I just dont want the to be constricted to my future travel plans.

Offers are welcome and I do have people in mind to run the business if someone wants to just bring the financial backing and office work. 

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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