Painting and decorating business for sale in the City of London due to health and staff issues
City of London, London
- Status
FOR SALE
- Advert ID
647723
- Reference
B09485 / Rightbiz
- Call Agent:
- Asking Price: £199,999
- Turnover: £100,000 (£1,923 per week)
- Profit: £60,000
Business Details
Freshen Up the Future – Established Painting & Decorating Business
BusinessPlease quote reference B09485
CoGoGo presents to the market Interior PSD, an established painting and decorating business operating across London.
Trading since 2018 under the current owner, the business has built a solid reputation within its sector and offers a ready-made opportunity for a buyer seeking an accessible, service-led venture.
The business focuses on painting and decorating services and would suit an owner-operator or an existing operator looking to expand their coverage and client base in the capital.
The sale is being brought to market due to health reasons and staff issues.
Location
The business is based in London, giving it access to a wide and varied customer base. Its trading area offers ongoing demand for painting and decorating services across residential and commercial markets.
Premises
This is a business-only sale, making it an appealing low-overhead opportunity. The operation is well-suited to mobile trading and can continue to be run efficiently without the need for customer-facing retail premises.
Tenure
Business Only.
Hours
The current operating hours are:
Monday to Saturday: 9:00 am to 6:00 pm
Sunday: Closed
Staff
The business is currently owner-run with support as required.
Financial Profile
We are advised that the business generates an annual turnover of £100,000 with a net profit of £60,000.
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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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Contact seller
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.
Be safe, use a Rightbiz Solicitor
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