Total of 18659 firms and businesses for sale today Sunday 12th May 2024
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Sold. Reputable, Well Established Scaffolding Hire, Supply And Installation Company

LISTING DETAILS
Firms For Sale ID:
13769
Vendor reference:
GB054
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£325,000  
Turnover / revenue:
£500,000
Net profit / cashflow:
£100,000
Years established:
10
Trading hours:
All staff are flexible and understand the needs of their clients. The business does offer a 24 hour call out to its more prestigious clients
Number of employees:
15

OTHER DETAILS
Reason for selling:
Our client is planning retirement.
Support and training:
The owner is happy to provide full business familiarisation, training and handover for a period of time to be negotiated prior to the sale.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The premise are leasehold and situated on a shared industrial estate. The ground floor comprises approx. 3500 square feet, mainly storage, with office, canteen and toilets. The first floor has additional office and archive area circa 250 square feet.
 
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BUSINESS DESCRIPTION
Reputable, Well Established Scaffolding Hire, Supply and Installation Company

Ref.GB054
Location Greater Manchester
Asking Price £ 325,000

This business was formed in 2000 and has grown into one of the areas largest scaffolding companies. It is regarded as the market leader in the region with customers stretching far and wide. This position of strength has been achieved by giving customers the service, experience and expertise they require. The current owner has some 35 years experience within the industry and it is this knowledge and expertise that has enabled the company to enjoy excellent growth rates to date.

This company is a dynamic, customer driven business and offers a professional reliable and efficient service to many industries. Nearly all its work is within the commercial market place and the business resources are usually booked up weeks in advance with a further 6 months high quality pipeline in place at any one time. The business supplies and erects a range of scaffold alloy tubing and also has its own in house repair and maintenance facility. This ensures all equipment is well maintained and complies with all current health and safety legislation. This is illustrated through the company’s excellent health and safety record.

The business services both public and private sector customers and has a very large and diverse database of satisfied clients. Much of the work is repeat business and their is huge scope to further develop these accounts as many of the customers have very large estates to manage and maintain.

Expansion Potential
There is huge potential to develop this company further . The business has never really seen the needed to advertise to date and has stayed within its specific area of expertise, namely scaffold hire and erection. A new owner with new levels of energy and business acumen could certainly increase the turnover significantly and broaden the services of the company quite easily with limited investment in additional resource and by increasing the advertising and strategically marketing the company.

The sale of this business presents a rare opportunity to acquire a highly successful business that has been established from scratch by our clients and has genuine and demonstrable scope for substantial growth.

Additional sales and marketing activity as well as expansion into the property maintenance arena itself are possibilities for the future. Further development of the in-house scaffold repair and maintenance facility represents a business in itself and this could contribute significantly to the profitability of the business and further expand the existing client base. This company is ripe for expansion as the very substantial foundations of this business have already been laid and it is well positioned for its next stage of growth.