Blast Cleaning for sale in Reading

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 We found a buyer within the first week of advertising with you. 

Mrs Herbert (Nov 2017)
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Leasehold Price: £200,000 Price Reduced Annual Turnover: £183,200 Gross Profit: £173,830 Annual Net Profit: £74,559
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Business Description
Annual Turnover £183,200 Audited
Gross Profit £173,830 Audited
Net Profit £74,559 Audited
Easily Relocatable
Handover Period Offered
Retirement Sale
60% Commercial & 40% Domestic Clients
New 5 Or 10 Year Lease Offered
High Volumes Of Repeat Custom
Operating 3 - 4 Days a Week
Owner Operated - No Staff
Demand To Expand
EPC - F
Ref – 6255– Blast Cleaning Contractors

Blacks Brokers are pleased to bring to the market this leasehold blast cleaning contractors in the much sought after location of Reading, Berkshire.

INTRODUCTION

Blast Away LTD has been trading from Millford Road since 1989 with our client in ownership since purchase. The business has built up a large client base by putting quality and reliability first. Blast Away LTD is fully mobile specialising in blast cleaning, high pressure jet cleaning, steam cleaning, chemical cleaning and many more. Not limited to a post code area the business has customers throughout the UK

LOCATION

Reading is a large town on the Thames and Kennet rivers in Southern England. The business is well linked with the M4.

REASON FOR SALE

This opportunity is available due our client’s wish to pursue other business interests creating this superb opportunity for a new owner.

LEASE

The unit is available on a FRI (Full Repair and Insure) lease which will be offered by our client with terms negotiable at either a 5 or 10 year lease and rent at £230 per week. It is important to note that this business is relocatable and the premises is optional.

BUILDING LAYOUT AND DESIGN

The business operated from a 2 storey single fronted light industrial unit within a terrace of similar units. The main entrance to the warehouse is found at the rear via two high roller shutter doors. The unit comprises of an office, store room and the main unit which has vehicle access to the rear. The floor has an approximate size of 1,507 square feet.

There are 2/3 parking spaces at the front of the unit and a lane at the back which gives access to the rear of the warehouse and has parking alongside the building.

STAFF

Blast Away LTD is run solely by our client with no other staff in employment. Working alone, our client is in such high demand custom has been turned away in recent months with our client unable to cope with the demand.

FINANCIAL DETAILS

Blast Away LTD achieved an annual turnover in 2017 of £183,200 with a gross profit of £173,830. It is important to note that the business is ran over 3 -4 days a week as our client is working alone. There is huge potential to increase the turnover by trading over more hours and 7 days a week. Full financial information is available after a viewing.

SUMMARY

This fantastic business is a superb opportunity for any new owner to take advantage of the already strong trading foundations. Our client is willing to offer a handover period for continuity with the clients. Early viewings are advised. Fixtures:
Transit Van 65 Plate 24,000 miles

2 Compressors

1 Trailer mounted 3000 PSI hot & cold pressure washer

Toyota Hi Lux 60 Plate 74,000 miles

Doff Conservation cleaning machine

JOS/TORC Conservation blasting machine

2 x Electric high pressure steam cleaners

1 x Cold petrol pressure washer

Toric Conservation steam cleaner

Large airless paint sprayer. 2.5 ton forklift truck

Abundance of stock and spare parts

2,500 Litre Bunded gas oil tank with electric pump.
Trading Hours:
Our client works 3-4 days a week - Flexible Times

Tenure: Leasehold

Location Details: Reading

Leasehold Term: Rent: £230 Per Week

Listed by: Blacks Business Brokers Limited

Find out more about this business opportunity.

 
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6255
Seller Reference:
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