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Successful Scaffolding Erectors & Hire Service

Ref. GB150

Location : South Coast

Asking Price : £500,000

Turnover : £490,000

Net Profit : £138,000

Gross Profit : £307,000

EBITDA : Undeclared

Net Asset : £300,000

Premises : Leasehold

Confidentially offered for sale


  • Turner Butler

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Asking price includes:

Turnover circa £490,000

Gross profit circa £307,000

Adjusted net profit circa £138,000

Stock Value in excess of £300,000

Great scope for exceeding existing profitability levels

Many years of successful business

Skilled and competent workforce

On going and increasing trade

Extremely profitable

Well established

Extensive customer database

Training and handover

Turnkey operation

Strong Order

Book Low overheads

Website

Goodwill

Business Profile

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.

Customer Service:

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.

Key Strengths:

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.

Growth and Expansion:

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.

Key Opportunities:

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.

Equipment:

In the sale the owner has included all the poles, towers and boards.

Financial profile:

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 £490,000 per annum with a gross profit circa £307,000 and adjusted net profit at £138,000. The true stock value is well in excess of £300,000 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.

Premises:

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.

Employees:

The business has eight full time scaffold erectors and two administration staff members.

Support & Training:

Full support will be provided for a reasonable period of time.

Reason for Sale:

The owner wishes to retire.

Turner Butler Disclosure Statement

This statement applies to information relating to any company or other undertaking or business advertised for sale by Turner Butler (a 'Business')

The information supplied by Turner Butler on its website or in any other promotional material ('the Information') is not and is not intended to constitute an offer for sale of the Business or any assets of the Business or of the shares of any company which owns the Business.

For the avoidance of doubt there is no intention to create a legal relationship which will only come into existence when a written contract for sale and purchase of the shares in or the Business has been entered into

The Information provided is not intended to address your particular requirements. Further the Information does not constitute any form of advice recommendation representation endorsement or arrangement by Turner Butler and is not intended to be relied upon in making (or refraining from making) any specific decisions.

Any agreements transactions or other arrangements made between you and any client of Turner Butler are at your sole risk and responsibility. The prospective sellers of the Business have provided the Information to Turner Butler. The Information has not been verified by Turner Butler.

You must carry out your own due diligence and satisfy yourself as to the accuracy of all matters. In the case of the sale of shares in a Business the Information has been prepared on the basis that the shares will consist of or include more than 50% of the voting shares and that both the seller and the buyer is either a body corporate, a partnership, a single individual or a group of connected individuals so as to fall outside the scope of regulated activities as defined by the Financial Services and Markets Act 2000. If you are considering a transaction which falls within the scope of such regulated activities you cannot do so through Turner Butler.

Appropriate professional, legal and accountancy advice should be obtained before making or refraining to make any decision.

Turner Butler does not accept any responsibility or liability for loss or damage of any nature that may occur by reliance on the Information. Neither Turner Butler nor any of our employees or agents makes any representation as to the completeness or accuracy of the Information nor do we accept any liability for any losses, costs, liabilities or expenses which may arise directly or indirectly from your use of, or reliance on the Information.

This document is governed by and shall be construed in accordance with English Law and any dispute arising in connection with it shall be subject to the non-exclusive jurisdiction of the English courts

Turner Butler
Ickenham House, 2-4 High Road, Ickenham, Middlesex, UB10 8LJ
Telephone 01895 25 6000 Facsimile 01895 25 7777
info@turnerbutler.co.uk
www.turnerbutler.co.uk