Archived
Highly successful Painting Contractor business for sale
- Asking Price: £149,950 +SAV
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Turnover:
We are advised as per the 2021 accounts, the business generated a turnover in the region of £740,000. Full financials can be made available upon further request.
The business turned over approximetly £900,000 as per the 2022 accounts.
Please quote reference B06836
- Tenure: Business Only
Please quote reference B06836
Hilton Smythe is delighted to present to the market a highly successful and profitable independent painting contractor with over 25 years trading history.
They specialises in completing the high specification painting of luxury new build developments across the area and have built up a very enviable relationship with a loyal base of very sought after independent developers.
Our client currently undertakes no advertising or marketing as all the workload comes from their existing developers which includes approximately 700 new houses in the following 12 months!
Our clients reputation is widely known in this sector, the quality and finish of the homes required cannot be faltered which ensures there consistent year on year turnover/profit levels.
The ‘Turn-key’ opportunity is managed by our client with 2 employed members of staff and 20-25 regular subcontractors who are paid well for the work they carry out.
To ensure the smooth transition of the business, our client will be offering a full business handover period.
Key selling points -
- Desirable area and new build sector
- Unrivalled reputation
- Very experienced & loyal team in place
- 14-15 loyal developers on database
- Increasing demand
- Low business running costs
- Handover period offered
- Opportunity for further growth
Further growth potential -
- Add new business website
- Add new social media sites
- Adopt new advertising campaign
- Target new building developers
- Increase the current workforce
- Extend area covered
We are advised that the business has 2 full-time members of staff.
Due to the nature of the business, it operates all year round.
The business is a run from home business.
The business covers the North West of England.
Our client concentrates on the buoyant ‘New Build’ market being developed.
The developments are very high specification developments by highly regarded independent building companies/architects.
The business is being sold as a ‘Business Only’ opportunity allowing the full transfer to any new buyer's home office or existing business office location.
N/A
Tenure
We are advised that the business is being sold on a Business Only basis.
