Road sweeping business in Rotherham with ongoing contracts and valuable assets for sale.
Rotherham, South YorkshireEst. 17 years
- Status
FOR SALE
- Advert ID
658093
- Reference
B09792 / Rightbiz
- Call Agent:
- Asking Price: £279,995
- Turnover: £222,010 (£4,269 per week)
- Profit: £98,046
Business Details
Highly Profitable Road Sweeping Business – Established Contracts & £100K Assets
BusinessPlease quote reference B09792
CoGoGo welcomes a fantastic opportunity to acquire an established and experienced road sweeping and cleaning business operating from South Yorkshire.
The business benefits from ongoing contracts, an established customer base and a comprehensive range of specialist road sweeping and cleaning services. It is offered for sale due to the owner’s retirement after 17 years of ownership and an impressive 44 years of experience within the industry.
The sale includes two specialist road sweeping vehicles and one pick-up together with associated stock and equipment, with the assets having an approximate value of £115,000.
This opportunity is an experienced road sweeping company providing a broad range of specialist cleaning services.
Services currently offered include:
- Building site sweeps
- High-pressure jetting
- Road sweeping
- Road cleaning
- Street cleaning
- Car park cleaning
- Gully cleaning
- Sewerage drain cleaning
The business benefits from ongoing contracts, providing an incoming purchaser with an established platform from which to continue trading and develop the operation further.
The owner has operated the business for approximately 17 years and has accumulated around 44 years of experience within the industry.
There is clear scope for a new owner to build upon the established operation by increasing working hours, pursuing additional contracts and expanding into new geographical areas across the UK.
The business is offered for sale solely due to the owner’s retirement.
Location
The business is currently based in South Yorkshire and provides its specialist services to customers from this location.
Importantly, the nature of the operation means that the business is not necessarily tied to its current base. There is excellent potential for a new owner to relocate the business and expand its geographical coverage throughout the UK.
Premises
The business is operational in nature and includes a valuable selection of specialist vehicles and equipment.
The sale includes two road-sweeping vehicles and one pick-up:
- Johnston VT652
- Bucher BT652
- Ford Ranger Pick-Up
Also included is the basic road-sweeping stock and equipment required for the ongoing operation of the business.
The total equipment and asset value is approximately £115,000.
Tenure
The business is being offered as an operational business opportunity. No specific property or leasehold tenure information has been provided.
Its mobile nature provides flexibility for an incoming purchaser, with the potential to relocate the operation and serve customers across a wider geographical area.
Hours
The business is currently operated approximately 5½ days per week, with the working pattern arranged to suit the current owner.
This provides potential scope for an incoming purchaser to increase operating hours and capacity should they wish to grow the business further.
Staff
The business currently operates with one member of staff.
Financial Profile
We are advised that the business achieves an annual turnover of £222,010.
We are advised that the net profit is £98,046.
We are advised that the specialist vehicles, stock and equipment included within the sale have an approximate combined value of £115,000.
The combination of established ongoing contracts, strong profitability and valuable specialist equipment makes this an attractive opportunity for an existing operator seeking expansion or an individual looking to acquire an established business within the road sweeping and cleaning sector.
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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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