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Scaffolding contractor operating primarily in the commercial and industrial sectors

Ref. GB182

Location : South Wales

Asking Price : £850,000

Turnover : £730,000

Net Profit : £80,000

Gross Profit : £265,000

EBITDA : Undeclared

Net Asset : Undeclared

Premises : Not Included

Offered for sale


  • Turner Butler

Next Step, Please submit Confidentiality Form/NDA Online 

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Business Profile

Introduction

Turner Butler has been appointed to invite offers of purchase for 100% of the Issued share capital in a scaffolding contractor operating primarily in the commercial and industrial sectors.

Key strengths:

The Company has the following key attributes:

• One of the largest scaffolding contractors in South Wales.

• Primarily commercial and industrial customer base including some of the largest construction companies in the UK.

• Framework Agreement in place with a large energy company.

• Very well established business – approximately 10 years of successful trading.

• Project values as high as £220,000.

• Highly skilled, loyal, trained and experienced team.

• Excellent Health and Safety record.

• Consistent financial performance even in the current economic climate.

The Company provides an acquirer with:

• an extremely attractive bolt on to an existing scaffolding contractor looking to extend their presence in the industry within the South Wales area.

• an excellent platform for growth.

Financial profile:

For the financial year ending March 2012, the business achieved a turnover of almost £730,000, a Gross Profit of almost £265,000 and a pre-tax net operating profit of £80,000 after Directors’ remunerations, Depreciation and HP of £45,000.

The Asking Price of £850,000 is for a sale of 100% of the issued share capital of the Limited company based on a Balance Sheet value of almost £540,000, adjusted to reflect the true value of the scaffolding materials within the business.

Next steps:

If you are interested in receiving further information, please sign and return the attached Confidentiality Agreement. In returning the Agreement we would be grateful if you could provide us with details of your interest in this opportunity along with your funding position.

All enquiries or requests for additional information should be submitted or directed to Brendan Walsh at Turner Butler (e-mail: brendan.walsh@turnerbutler.co.uk ), telephone Head Office: 01895 256000.

Looking for Finance?

If you are looking for finance to fund your business purchase then we recommend that you talk with our independent finance broker. Because of his many years working at a senior level for a major high street bank he has had more success with finance applications than anyone else we know. He has helped numerous purchasers of businesses that we are selling, including buyers who have been turned down by their own bank! Call us today on 0800 046 1652 or email us at finance@turnerbutler.co.uk

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