Successful Scaffolding Erectors & Hire Service
Location : South Coast
Asking Price : £500,000
Turnover : £442,000
Net Profit : £155,000
Gross Profit : £434,000
EBITDA : Undeclared
Net Asset : £250,000
Premises : Leasehold
Confidentially offered for sale
Asking price includes:
Turnover circa £442,000
Gross profit circa £434,000
Adjusted net profit circa £155,000
Stock Value in excess of £250,000
Imputed Net Asset Value ieo £200,000
Great scope for exceeding existing profitability levels
Many years of successful business
Skilled and competent workforce
On going and increasing trade
Extensive customer database
Training and handover
Strong Order Book
This highly successful business has been established since 1972 and is a family run business specialising in the hire and supply of aluminium scaffolding. The business covers a large area from London/Thames Valley down to the South Coast and offers a versatile service with a cost effective product. The business serves a variety of clients from industrial and commercial to domestic offering a wide range of service. The business offers scaffold for hire as well as offering the service to erect them.
The business supplies and erects a range of scaffolding, ensuring that all equipment is well maintained and complies with all current health and safety legislation.
They have built a reputation based on reliability and one of its strengths is that it always has sufficient stock to undertake any job. Its size also means that the business offers a friendly and highly bespoke service to clients.
This business maintains an extensive, well-established repeat clientele base that appreciates fast, reliable response times, an expedient job completion and value.
This is a turnkey operation with a highly regarded name and reputation in its industry; in addition the business has been long established and offers the new purchaser a highly lucrative business.
This business has expertise, highly skilled personnel and reliability. As well as its dedication to customer satisfaction it has attracted and continues to attract new referrals.
This company enthusiastically offers a high level of customer service. It develops and presents all its work with the utmost attention to detail, offering a high quality of service, guaranteeing standards and after sales customer care.
The company has earned an admirable reputation and for delivering projects on time, and within budget. This level of customer care has resulted in the acquisition of new accounts by word of mouth, and the high levels of repeat business.
This business has built up a well-established, respected reputation not only in the local area but also the wider area that it serves. Excellent management has led to securing lucrative blue chip contracts, and the business will continue to increase organically in the foreseeable future due to increasing demand.
The company is fully compliant with health and safety standards, and maintains a skilled workforce. The new owner would also have direct benefits of ownership.
This business has unlimited opportunities for a new owner with fresh energy. The enterprise could build on the rental of scaffolding materials or pitch for new contracts. The business has a useful website that highlights the services on offer. Investment in additional marketing such as local press advertising could vastly increase trade.
This is a successful business that has many lucrative repeat contracts with a commercial client base. There are many opportunities to increase turnover that a new owner could easily implement to profit from their investment. This business would make the ideal bolt-on for a pre-existing construction business or a scaffolding business looking to expand.
In the sale the owner has included all the poles, towers and boards.
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.
The business consistently achieves turnover circa £442,000 per annum with a gross profit circa £432,000 and adjusted net profit at £155,000 before a single owner’s drawings. The true stock value is well in excess of £250,000 although the net asset value of the company is c£30,000 on a no cash no debt basis.
Advertising and Marketing:
The company generates new business from trade awareness and the finest form of marketing: word of mouth recommendation. These methods are used to maintain strong customer rapport to get that important repeat business.
If a buyer were to optimise marketing methods to advertise this business, this would be an excellent opportunity for growth and expanding the client base.
The premises are on a rolling one year licence at an annual rent of £10,000.. It is conveiently located close to both motorways on the South Coast.
The business has eight full time scaffold erectors and two administration staff members.
Full support will be provided for a reasonable period of time.
The owner wishes to retire.Turner Butler Disclosure Statement
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