Plastering Business with Strong Reputation For Sale in Winchester Hampshire
Winchester, Hampshire
- Status
FOR SALE
- Date Submitted:
10/03/21
- Advert ID
273584
- Reference
B06073 / Rightbiz
- Call Agent:
- Asking Price: £19,995
- Turnover: £77,419 (£1,489 Per week)
- Net Profit: £18,760 (25% Profit margin)
Business Details
Well established Plastering business for sale
BusinessPlease quote reference B06073
CoGoGo welcomes to the market an exciting opportunity to acquire, (on a business only basis) a well-established local plastering business with an excellent reputation.
The business has been under the ownership of our client for many years building up an excellent reputation, with a high level of repeat business along with referral work covering the local Winchester area, but has also been known to take on work in Nottingham as well as London.
It is only now the business is for sale as our client looks to take well-earned retirement.
The business offers a full range of plastering services including skimming, dry lining, wall straightening, rendering, and repairs. The owner runs the business to suit his lifestyle and on occasion has to turn away work as he is too busy. This would make an ideal first-time purchase for someone in the trade or a great add on to a similar business looking to expand.
We feel there is scope to increase turnover with the introduction of a dedicated website to promote and highlight the services, along with a robust localised marketing campaign to further generate new business.
The business trades on its reputation and has outstanding future possibilities. It would potentially be an ideal acquisition to some similar sized or larger enterprise looking to increase its position and presence within the local area.
A tremendous opportunity to own this well-established business, and early enquiries must come highly recommended to avoid disappointment.
Location
The business is located in the popular village of Owslebury some 5 miles from Winchester. However, the business can be relocated.
Premises
N/A as its a Business Only sale.
The sale of the business also includes;
- 1 x 2010 Vauxhall Mivano Van
- Mixer
- Various tools
Tenure
We are advised that the business is being sold on a Business Only basis.
Hours
The business currently trades;
Monday – 08:30 – 16:30
Tuesday – 08:30 – 16:30
Wednesday – 08:30 – 16:30
Thursday – 08:30 – 16:30
Friday – 08:30 – 16:30
Saturday - Occasionally
Sunday - Closed
Staff
We are advised that the business has 1 full time member of staff.
Financial Profile
We are advised that as per the 2020 accounts, the business generated a turnover in the region of £77,000, with an adjusted net profit in the region of £34,000. Full financials can be made available upon further request.
Please quote reference B06073
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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Contact seller
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.
Be safe, use a Rightbiz Solicitor
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