High Turnover Plastering Company in Shrewsbury Shropshire For Sale
Shrewsbury, Shropshire
- Status
FOR SALE
- Date Submitted:
08/06/21
- Advert ID
277827
- Reference
B06210 / Rightbiz
- Call Agent:
- Asking Price: £249,995
- Turnover: £948,603 (£18,242 Per week)
- Net Profit: £115,861 (13% Profit margin)
Business Details
Well Established Plastering Company For Sale
BusinessPlease quote reference B06210
CoGoGo are pleased to have been given the opportunity to manage the sale of WJ Plastering Limited which is a well-established plastering services company with a renowned reputation amongst local residents. This is a superb opportunity to take on a high turnover local business in an area teeming with customers.
WJ Plastering Limited was founded by the current owner in 2012 and has been a real labour of love for him accruing an impressive number of lucrative accounts and a fantastic reputation. The business is now being sold, albeit reluctantly and with a heavy heart only due to the vendors wish to relocate to Australia, he is keen to see his beloved plastering business pass to an ambitious and entrepreneurial new owner who can take this already thriving business to the next level.
WJ Plastering Limited has a bulging order book with 90% of its work being commercial. The company works on a variety of projects from small household scale to large industrial jobs. The business is proud to have been British Gypsum certified in 2016.
The business offers a range of services including:
- Skimming
- Skim over Artex
- Plaster boarding
- Coving
- Lime Plastering
- Solid / wet Plastering
- External Rendering
The sale will include the company website (wjplastering.co.uk), Facebook page (422 likes) and Instagram page and the business enjoys great visibility on the internet along with impressive reviews.
Reasons to Buy:
- A well-established business with an enviable reputation and many existing customers
- Ideal owner managed or partnership business
- Current owner happy to offer a handover to ensure the continued success
- Lends itself as a bolt on to an existing building company
- The sale will include the company website and all social media platforms.
- A real opportunity to increase turnover and profits, the business really is growing at an impressive pace.
Location
WJ Plastering Limited is being sold as a Business Only opportunity and could arguably be run from anywhere in the UK, however the company is currently based in the Shrewsbury area.
Premises
The company is being sold as a relocatable, business only opportunity and premises are not available.
Tenure
Relocatable.
Hours
The business trading hours are as followed:
Staff
The business has 14 self employed contractors.
Financial Profile
We are advised the business generated a tunrover of £948,603 with a Gross Profit of £748,445 as per the 2022 accounts. Further financial information can be made available upon request.
Please quote reference B06210
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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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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