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Family-Run Painting and Decorating Business in Lancashire for Sale

Undisclosed, Lancashire

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    12/12/23

  • Advert ID

    603789

  • Reference

    B07708 / Rightbiz

  • Call Agent:

    Registered members »

  • Asking Price: £150,000
  • Turnover: Not Applicable
  • Net Profit: Not Applicable

Business Details

Extremely well painting and decorating business for sale

Business
Please quote reference B07708

CoGoGo are delighted to welcome to the market a highly rated painting and decorating business in the North West of England. 

This family run business opportunity was established by our clients in 1993, building up an excellent reputation within the industry and a regular customer base. As seen by some of the online ratings and reviews on their website, the business is extremely popular within the area due to their excellent results. 

It has now come to the open market due to our clients desire to retire and relocate. 

This is a fully insured and experienced decorating company who pride themselves on the quality of their work and the ‘value for money’ service that they offer. From providing advice on paint types and finishes in a living room to preparing a large commercial building for repainting, their expertise and knowledge is second to none.

The business specialises in a range of interior and exterior decorating solutions for all of their customers around the North West of England from large projects such as a shopping centre, numerous high street chains, multi national superstores, residential homes and many large offices to providing domestic clients with a personal decorating service that ensures they achieve the overall result they are looking for.

The sale also includes a service solutions company that has an established portfolio of reliable partners that can be recommended to their clients. This business can offer tailor-made maintenance service packages which are specifically designed to meet the needs of their customers. This business provides a number of its clients with businesses in areas such as care/retirement homes, city and town centre offices and schools and is proving to be increasingly lucrative. It also operates a telephone answering service and can provide advice to clients from the decorating company of paint choices and finishes.

The services company compliments the decorating business and was established when one of our clients noticed a gap in the market to provide clients with additional trades and services from dry cleaning, gardening and shopping to providing reliable and trusted tradespeople such as electricians, plasterers, joiners etc.

The sale of this opportunity will include the company website and accounts for their social media platforms. The business also enjoys good visibility online with some impressive reviews. 

Key selling points -

  • A well established business with an enviable reputation and many satisfied customers
  • Ideal owner managed or partnership business
  • Perfect bolt on perhaps to an existing building company looking for a decorating arm
  • A real opportunity to increase turnover and profits significantly, current owners have been running at a pace to suit
Scope for further growth -

  • Advertising and Marketing campaign
  • Maximise the use of social media
  • Invest in SEO and PPC to drive new customers to the business
  • Employ a Sales Manager to canvass for additional commercial work
  • Tender for local authority and council contracts


Location
The business is located in the North West of England. 



Premises
N/A as the business operates remotely. 



Tenure
We are advised that this is being sold on a Business Only basis. 



Hours
We are advised that the business operates all year round, with their phone systems operating Monday to Friday - 9:00am - 5:00pm. 



Staff
We are advised that the business is run and managed by both owners, with the help of 1 2nd year apprentice and 1 regular sub contractor. 



Financial Profile
We are advised as per the 2022 accounts, the businesses generated a combined turnover in the region of £170,000. Further financials can be made available upon request. 



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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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The data showed regarding this advert 'Extremely well painting and decorating business for sale - B07708 / 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.