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Floor Sanding Company for Sale in City of London

City of London, LondonEst. 10 years

CONFIDENTIAL

  • Status

    FOR SALE

  • Advert ID

    637649

  • Leasehold: £50,000
  • Rent: £12,000 (£1,000 per month)
  • Turnover: £60,000 (£1,154 per week)
  • Profit: £60,000
    • Profit margin100%

Key Features

  • Accounts Available
  • Established Business
  • High Turnover
  • Owner Financed

Business Details

Established Floor Sanding Company in London

Floor Sanding Company in London

We proudly offer an established wood flooring business serving the Greater London Area, boasting a loyal customer base of 1,400 clients. Our operation generates an impressive annual gross revenue of around £100,000, all while maintaining minimal operational costs due to our remote team. The entire process is fully automated, which enhances efficiency and productivity.

The business has been operational for nine years, during which I have held ownership. Despite the competitive landscape, particularly in sanding, our commitment to providing high-quality services allows us to thrive. In our niche, competition is relatively lower, and we have developed a strong reputation in the market.

Included in the sale are fixtures and fittings, alongside a monthly schedule of repair services that can be transferred to the new owner. Depending on the season, we typically manage two to five new sanding or fitting projects each month.

Over the past year, we have seen a turnover increase of approximately 10-20%. This fluctuates based on the types of premises we serve, including churches, schools, and public spaces, which can yield higher revenue, although this is not guaranteed.

The reason for selling the business is my decision to relocate outside of London, as the operations are tailored specifically to this area. Currently, the company employs one staff member, and we maintain a robust online presence through five distinct websites. These include our main brand site, SEO-friendly platforms for organic leads, two targeted advertising sites, and a dedicated page for floor fitting.

To ensure a smooth transition, I am open to offering training to the new owner, should they find it necessary. Our operations utilize Google Workspace as a CRM, integrated with Zapier, and we manage web content through Drupal. A basic familiarity with the home services sector or existing customer contacts would greatly benefit the new owner.

Financial accounts and additional documentation are available upon request.

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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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