Scaffolding Company Supply and Erection of Scaffolding to Private, Business

Price:

Leasehold - £325,000

Turnover:

Seller Ref:

GB159

Location:

Devon

Business Type:

Corporate Businesses, Service Businesses

See Other:

Builders for sale in Devon
Construction businesses for sale in Devon
Service businesses for sale in Devon
Corporate businesses for sale in Devon

Description:

THE BUSINESS:

This successful company was formed in 2002 and provides scaffolding services of which 60% are delivered to the domestic market with the remaining 40% being to the commercial sector.

Setting high standards from the outset the company has acquired an enviable reputation for reliability and quality, coupled with a high degree of safety, taking on major construction projects for a diverse portfolio of blue-chip clients. The company uses only the highest quality scaffolding that meets all safety standards and all works are fully insured.

In recent months two key contracts have been negotiated with two significant local companies. The joint turnover of both contracts is up to £500,000 per annum with payment for work being issued within fourteen days of invoice supporting a strong cash flow. They also have a range of customers including educational establishments, letting agencies, builders and developers. The business operates from the home address of the directors with equipment and vehicles being stored in a rented secure yard in the locality.

Location Details:

The business rents a small yard which is approximately 22’x 80’. It has secure fencing, steel gates and is monitored by CCTV. The business pays a rolling rental of £600 per month.

Lease Terms:

The business pays a rolling rental of £600 per month.