Damp Proof and Timber Treatment Business for Domestic and Commercial Clients.
This relocatable company is based near to Cirencester in an area referred to as The Golden Triangle.
Location : Cirencester but fully relocatable
Asking Price : £45,000
Turnover : £151,000
Net Profit : Undeclared
Gross Profit : Undeclared
EBITDA : £42,800
Net Asset : £25,000
Premises : Relocatable
Confidentially offered for sale
Turnover of c : £151,000
Gross profit c 50%
Equipment, vehicles etc. £25,000
Adjusted EBITDA £42,800
40 years historic trading
Excellent reputation and massive customer data base
Loyal and long serving experienced contractors
All machinery and tools as well as 2 vehicles
This long established damp proofing and timber treatment business specialises in working on Cotswold buildings. They are a preferred contractor of the local authority and have accrued a truly enormous client base over many years.
1) Nissan Primastar Van 13 plate 6000 miles £8500
2) Citroen Despatch 52 Plate Solid , well maintained and reliable.
3) 4 Industrial grade 110v drill/breakers, Milwaulkee and Hilti
4) 2 transformers 110v selection of cables and extension leads
5) 2 timber treatment spray pumps with 4 lances and long hoses, lance extensions.
6) Computer fully loaded with sage instant accounts and sage payroll.
7) 2 Moisture meters.
8) PAT tester
9)2 Thomas ashworth speedy carbide meters
10 BRE kinetic screed tester.
11)Goppy oscillating cutter
12) Large selection of hand tools, Angle grinder, bench grinder, stick welder, circular saw plaster paddle, spot tables etc etc
13) Stock at time of sale , typically in region of £1500-2000
14) 9000+ files on properties.
Customer service is at the core of this company. Repeat business and lot`s of referrals stand as testament to this.
Exceptional levels of service
Repeat business and referrals
Significant investment in machinery and tools
Highly skilled staff
The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.
Turnover of c. £151,000
Gross profit c. 50%
Equipment, vehicles etc. c. £25,000
Adjusted EBITDA £42,800
The asking price of £45,000 is for 100% of the issued share capital of the company, assuming Net Assets of approximately £25,000 on completion (calculated on a zero-cash zero-debt basis).
The company only spends a nominal amount on advertising and this is an area where an increase in spend could significantly increase incoming enquiries.
This company has maintained steady annual growth over many many years. The business does very little advertising and could certainly expand this activity. The company is well positioned to take maximum advantage of this new growth as it occurs.
The company currently operates through a storage unit on an industrial yard. The annual rent is £5,500 and is based on a month by month agreement leaving the business free to relocate if preferred.
The vendor works within the business with 2 very experienced self-employed contractors. One of the contractors has been working within the company for more than ten years.
The current owner would be happy to provide full training and support at handover. This should be a relatively simple process because of the very experienced sub-contractors working within the company.
If you are looking for finance to fund your business purchase then we recommend that you talk with our independent finance broker. Because of his many years working at a senior level for a major high street bank he has had more success with finance applications than anyone else we know. He has helped numerous purchasers of businesses that we are selling, including buyers who have been turned down by their own bank! Call us today on 0800 046 1652 or email us at email@example.comTurner Butler Disclosure Statement
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