Scaffolding Company Supply And Erection Of Scaffolding To Private Business & Public Secto | | Undisclosed Devon | | Scaffolding Company Supply and Erection of Scaffolding to Private, Business and Public Sectors Ref.GB159 Location Devon Asking Price £325,000 | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 54640
ADVERT IMPRESSIONS : 19,694 TIME(S) | | | | BUSINESS SECTOR: | Building / Construction | | TRADE TYPE: | Scaffolding | | SALE: | Agent Sale | LEASEHOLD: | £325000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Business profile:
This successful company was formed in 2002 and provides scaffolding services of which 60% are delivered to the domestic market with the remaining 40% being to the commercial sector.
Setting high standards from the outset the company has acquired an enviable reputation for reliability and quality, coupled with a high degree of safety, taking on major construction projects for a diverse portfolio of blue-chip clients. The company uses only the highest quality scaffolding that meets all safety standards and all works are fully insured.
In recent months two key contracts have been negotiated with two significant local companies. The joint turnover of both contracts is up to £500,000 per annum with payment for work being issued within fourteen days of invoice supporting a strong cash flow. They also have a range of customers including educational establishments, letting agencies, builders and developers. The business operates from the home address of the directors with equipment and vehicles being stored in a rented secure yard in the locality.
Key Strengths:
• Present turnover circa £150,000
• Present Gross profit £72,000
• Competitive pricing
• High quality scaffolding materials
• Trained reliable operatives
• Safe work environment
• Consistent timely completion to plan
• Written contracts
Equipment:
A full list of all equipment will be supplied on request
• Two Isuzu seven and a half tonne flat bed trucks
• One VW LT50 pickup
Premises:
The business rents a small yard which is approximately 22’x 80’. It has secure fencing, steel gates and is monitored by CCTV. The business pays a rolling rental of £600 per month.
Marketing and Advertising:
The business actively promotes its services in the Thompson directory and BT directory. It also has a comprehensive and web positioned web site.
Financial profile:
The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.
The available accounting information does not take into account the effect of the two written contracts. The last financial year is expected to produce a turnover of around £150,000. Net profits after significant investment in additional scaffolding are around £20,000.
Employees:
• Two directors
• Two foremen
• Six trained and certified operatives
Support and Training:
The owner will provide a full handover for a period to be agreed as part of the sale negotiation and will be available on a consultancy basis thereafter subject to agreeable terms.
Reason For Sale:
The directors have spent the last eight years building this business up to be the success it is today and have now decided to pass it on to the next generation of owners which will allow them to retire. | | | | | | FOR SALE | | | | | REFERENCE: | GB159 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
