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Profitable, Growing B2B Painting Contractor Ltd in North England, Employee-Run, Established for a Decade

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B2B Painting Contractor Ltd, Established, Profitable, Growing, Employee Run, Based in the North Photo 1
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B2B Painting Contractor Ltd, Established, Profitable, Growing, Employee Run, Based in the North
  • Status

    FOR SALE

  • Date Submitted:

    01/05/21

  • Advert ID

    275958

  • Reference

    PaintContractor / Rightbiz

  • Call Agent:

    Registered members »

  • Turnover: £2,000,000 (£38,462 Per week)
  • Net Profit: £270,000 (14% Profit margin)

Key Features

  • Unique Business
  • Company for Sale
  • Accounts Available
  • With Car Park
  • Owner Financed
  • Fully Fitted
  • Large Business for Sale
  • Established Business
  • High Turnover
  • Offers Invited
  • Free of Tie Leasehold

Business Details

B2B Painting Contractor Ltd, Established, Profitable, Growing, Employee Run, Based in the North

This business takes on painting contracts for new builds - blocks of flats, office complexes, student accommodation etc.

The Ltd company is approx a decade old and well established. It is a successful and growing company. There is a full management team in place. It is based in the North of England. Leasehold (with no long lease commitment i.e. rolling monthly contract).

The business has weathered the Covid-19 storm well. Despite losing several weeks to lockdown they have generated the same turnover and profit in 2020 as they did in 2019. The prospects for 2021 look good with a rebound and return to strong growth expected.

- Consistently & highly profitable
- Employee run
- Steady and healthy growth y-o-y
- Computerised and well maintained accounts
- No customer concentration issues
- No expected Brexit related risks or currency risks
- 75% of sales come from repeat business
- Strong systems and processes in place
- Various industry certifications and approvals

Price and transaction information

The seller is a committed seller and has reasonable price expectations. He is willing to let the market decide price.

Seller financing is available but buyers need to demonstrate significant investment of their OWN capital (not borrowed) ie. they need to show skin in the game to avail of seller finance.

Price: There is no "asking price". Expressions of interest and offers are invited.

BUYER VETTING - PLEASE READ THIS IMPORTANT BUYER INFORMATION

The seller prefers a buyer who's already in the construction or related sector. If you're a new business (without a history of accounts at Companies House) and/or without a history of making previous acquisitions, you will need to provide proof of liquid funds, or otherwise satisfy the seller's broker of your ability to complete on a deal this size.

When you fill in the form to enquire about this business, please state the following text so we know you've read this ad to the end: "I have liquid funds to cover more than 50% of any offer I put forward for this business and I am able to prove these liquid funds on request. I am not reliant on any third party investor / HNWI / private equity player for funds".

Read more

Contact Agent

Contact the seller for more details, or book a viewing

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

Do not 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 amount 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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Contact seller

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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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The data showed regarding this advert 'B2B Painting Contractor Ltd, Established, Profitable, Growing, Employee Run, Based in the North - PaintContractor / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.