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Blaenau Gwent Decorating and Maintenance Company for Sale, Established in 1990s, £1M Turnover

Undisclosed, Blaenau Gwent

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    17/07/23

  • Advert ID

    516748

  • Reference

    B07410 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £599,950
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Decorating and Maintenance Company

Business
Please quote reference B07410

The company was founded in the 1990s, having built since then an outstanding reputation in the industry.

Currently, the business specialises in decorating and maintenance services, spanning across external and internal, commercial and residential, and catering for a loyal and diverse clientele.

The business boasts 50+ current active clients, as well as up to 70% repeat business.

The large percentage of repeat business and varied portfolio offered by the company ensure steady sales year-round.

The current marketing strategy is based on word-of-mouth recommendations. There is significant scope for expansion, as the business reports receiving an increasing number of inquiries and leads that the prospective purchaser may want to follow and capitalise on.

The company has several distinctive capabilities to stand out from its competitors and attract the prospective purchaser, including:

  • A solid reputation, offering customers the best value for competitive prices.
  • A healthy financial profile with possibility for growth, with just under £1M turnover in 2022.
  • Strategically located workshop and trade, ready for expansion.
  • A varied portfolio across decoration and maintenance.
It has a number of important assets to offer, namely:

  • Boasting thousands of contracts completed successfully.
  • High-profile and loyal clientele, with 70% return business.
  • A wealth of experience and knowledge, operating for 30+ years in the sector.
  • A dynamic team well-versed in all aspects of decoration, painting and maintenance.
Highlights -

  • Outstanding trading reputation.
  • Opportunity to expand.
  • Strategic location and loyal clientele.
  • Excellent profit margins.
Opportunities -

  • Expanding marketing opportunities.
  • Taking on more leads and increasing number of projects.


Location
Located in Wales. 



Premises
Trading from a rented premises. 



Tenure
Leasehold basis. 



Hours
Due to the nature of the business, it operates all year round. 



Staff
Further information can be made available upon request. 



Financial Profile
  • 2022 turnover £992,375
  • 100% share capital.
  • Interested parties will be required to sign an NDA.
 



Read more

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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.

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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.

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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.'.

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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.

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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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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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