Scaffolding contractor specializing in the general building, refurbishment and painting and decorating sectors
Ref.GB088
Location West London
Asking Price £ 395,000
Location West London
Asking Price £ 395,000
Turnover for the year ended March 2014 of approximately £845,300
Gross margins of approximately 33%
Pre-tax net operating profits in excess of £130,000 excluding Directors’ remunerations
Shareholders Funds of almost £130,000
Almost twenty five 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 midrange project valued between £10,000 - £15,000.
This company is a very service oriented, customer driven business and offers a professional reliable and efficient service to all of its customers. It goes out of its way to understand its customers’ requirements and sets out to exceed their expectations – something it always achieves as demonstrated by the significant levels of repeat business and recommendations it receives. All of its work is split between the trade and domestic arenas – with an approximate 60: 40 split in favour of the trade. Such is the demand for the services of this business it is almost constantly booked up for weeks if not months ahead.
As much as this business is customer driven it is equally, if not more so, committed to safety and safe working practices. As such, its Health and Safety policy requires that all equipment is very well maintained and that employees carry out their work in a safe, correct and professional manner with the highest regard for the safety and well being of all persons and property. As a company it ensures its policy and commitment to safe working practice is maintained at all times.
