50+ Year Old Bristol Scaffolding Business with Solid Clientele and Growth Prospects for Sale
City of Bristol, Bristol
- Status
FOR SALE
- Advert ID
629118
- Rent: £3,585 (£299 per month)
- Turnover: £333,000 (£6,404 per week)
- Net Profit: £81,000 (25% Profit margin)
Key Features
- With Car Park
- Established Business
- Company for Sale
- Attractive Business
- Retirement Sale
- Accounts Available
- Free of Tie Leasehold
- Offers Invited
Business Details
Established Bristol Scaffolding Business with Strong Client Base and Growth Potential
Established Bristol Scaffolding Business with Strong Client Base
This family-run scaffolding business, based in the heart of Bristol, has been a cornerstone for industrial, commercial, and residential scaffolding solutions for over 50 years. Renowned for its reliability and expertise, the company offers customized solutions from long-term hires to inspections and maintenance, thereby generating consistent revenue streams. With a steadfast commitment to excellence, it maintains deep-rooted relationships with local builders, multinational corporations, and residential developers, securing its trusted status in the South West region. Operating from the same spacious leasehold yard for 40 years, the company showcases enduring stability and local prestige.
Financial Performance
The company demonstrated robust fiscal health with a turnover of £333,000 and a profit of £81,000 last year. This growth trajectory is set to continue, with a projected turnover of £350,000 and a profit rise to £100,000 in the upcoming year.
Comprehensive Equipment Inventory
Included in the sale is equipment valued at over £260,000, encompassing multiple vehicles, shipping containers, an office container, and extensive scaffolding equipment, ensuring a turnkey operation for prospective buyers.
Industry Recognition and Accreditation
The business holds the revered Alcumus Safe Contractor certification, underscoring its commitment to safety and quality. Its reputation is built on delivering durable, high-quality scaffolding materials and expert installation of safety netting, particularly for complex architectural and historical projects.
Future Prospects and Transition Opportunities
Leveraging an established reputation and extensive local industry connections, the business presents a lucrative opportunity for scaffolding or construction firms. The sale supports the owner’s retirement and aims to harness growth under new leadership, facilitated by an agreed handover for a seamless transition.
The sale includes all stocks, with accounts readily available for review. Interested parties are invited to make offers, noting that there is an annual rent of £3,585 for the leasehold premises, which includes parking facilities. This is not only a retirement sale but also a strategic chance to expand within a vibrant and profitable market.
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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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