Saturday, 23 August 2014

GB088-Scaffolding contractor specializing in the general building for sale

Scaffolding contractor specializing in the general building, refurbishment and painting and decorating sectors


Ref.GB088

Location West London

Asking Price £ 620,000

Confidentially offered for sale


Asking price includes:,/b>

Turnover for the year ended March 2007 of approximately £585,000
Gross margins of approximately 35%
Pre-tax net operating profits of almost £100,000 excluding Directors’ remunerations
Projected turnover for the 2008 calendar year set to exceed £1 million

Over twenty years of successful operation
Reputation for honesty, reliability and responsibility 
Leased yard of approximately 1,350 square metres 
Highly skilled and experienced staff
Established loyal, repeat client base
Excellent opportunity to grow
Excellent profit margins
Training and handover
Significant goodwill
Stock

Business profile:

This business was formed in the late 1980’s and since then has grown into one of the largest scaffolding companies locally, primarily servicing the London area within the M25. Avoiding the ‘new build’ market the vast majority of its turnover arises from the general building, refurbishment and painting and decorating trades. Having been involved in the scaffolding business since leaving school, the current owner has utilized all of his experience and knowledge to develop an operation enjoying significant growth, particularly in the most recent years, as a result of providing high levels of customer service and reliability, all at a competitive rate.
With a very large and diverse customer base, this business provides a comprehensive scaffolding erection and hire service for all types of requirements from the individual who simply needs a platform for an extension, to the large company that requires scaffolding for maintenance or refurbishment purposes. Typical contract sizes can range from £2,000 for a small works project with a mid range project valued between £10,000 - £15,000.

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