Profitable business - average profits for last three years £94,844
Contracts on a cost plus basis therefore overheads are low
Strong reputation in market
Approved Nominated Contractor for a number of blue chip companies
An opportunity to purchase an established building and decorating company based in Essex but relocatable with an enviable list of blue chip clients and a profitable track record.
All work is presently subcontracted and work is contracted on a cost plus basis to a small number of reliable contracting companies and a new owner could choose to continue along this proven route or the business could be merged into another operation or run as a stand alone business.
The present director is happy to work with the new owner(s) for a period of time to ensure a smooth transition.
Latest accounts show turnover £357,663 and adjusted profit of £69,920 but in previous years turnover has exceeded £400,000 and adjusted profit s have been in excess of £120,000.
This is a confidential sale and interested parties will be required to complete a non disclosure agreement through sole agents Everett Masson & Furby before receiving further information.
Guide Price £150,000 for 100% of the share capital of the company, to be adjusted for any net assets at the time of sale.
Is this business relocatable: Yes
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