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Relocatable Specialist Cold Planing Business in South England for Sale, Owner Retiring

Relocatable

CONFIDENTIAL SALE

  • Asking Price: Price on Application
  • Turnover: £3,900,000 (£75,000 Per week)
  • Net Profit: On request

Key Features

  • Offers Invited

Business Details

SPECIALIST COLD PLANING CONTRACTOR – BASED IN THE SOUTH OF ENGLAND

The business is a specialist cold planing contractor for roads, footpaths, and driveways, operating a fleet of bespoke road planers and related machinery. The business is ideally placed to facilitate additional growth due to its long-standing client relationships and highly skilled workforce; the team is set to remain in place post-sale. The company operates on a B2B basis across the south of England, supplying surfacing contractors and organisations in the construction, civil engineering, and highway maintenance sectors. The company is being offered for sale to facilitate our clients’ retirement plans.
Our clients are open to all types of structured offers, subject to negotiation. Offers invited. Turnover of circa £4m, with an adjusted EBITDA of £619k in YE23. Shareholder funds in excess of £1m in YE23. 13% increase in adjusted EBITDA from YE22 to YE23. Operating within a stable global market, which is set to expand at a CAGR of 5% through to 2032. Benefits from circa 200 active clients, 95% of which provide repeat business and reliable streams of revenue. FORS bronze member, and CSCS and CITB compliant. The company is a member of SSIP Schemes Constructionline, SafeContractor and the IPC Institute of Planing Contractors. Operates from shareholder-owned premises with a current market value of £1.5m.

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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 'SPECIALIST COLD PLANING CONTRACTOR – BASED IN THE SOUTH OF ENGLAND - 157089 / 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.