Independent Painter & Decorators For Sale
- Asking Price: £120,000 +SAV
We are advised the business generated a turnover of circa £540,000 as of 2019, further financial information can be made availble upon request.
Please quote reference B06583
- Tenure: Business Only
Please quote reference B06583
Hilton Smythe welcomes to the market an exciting opportunity to acquire (on a business only basis) an exceptionally well run and performing, independent painting and decorating contractors
Fairbank Decorators has been operating under the careful and meticulous ownership of our client for over 30 years and has grown the business year on year to an impressive level with turnover and net profit now at a consistently good level. The business has now been placed on the market as it’s our clients desire to take well-earned retirement from the industry after many successful years of trading and concentrate on other business interests.
The business has more than 30 years of experience in providing internal and external painting and decorating services to residential and light commercial customers across Perth and the surrounding areas, with the business building an impressive reputation over the years leading to a solid client base within the residential and commercial sectors. Services offered include internal and external painting, wallpaper hanging, coving, ames taping along with filling and taping, all backed up with an excellent after sales service for both residential and commercial customers. Our client has also advised that if necessary, the fleet of company vehicles could be included with any potential sale of the business by separate negotiation.
There is scope to significantly increase turnover with the undertaking of increased commercial contracts, along with the provision of a robust marketing campaign via radio, press and social media advertising and increasing the workforce to service new and ongoing work, making this an ideal acquisition for an existing operator or multi trade organisation.
The business trades on its reputation for quality and service and has outstanding future possibilities and presents a tremendous opportunity to own this well-established and popular business with an experienced team in place.
The following items are to be Included in the sale of the business, ladders, steps, scaffolding, steam strippers, dust sheets, racking and company website.
Fleet vehicles if required (by separate negotiation)
- Ford Transit Custom 2020 – 3 years lease remaining
- Ford Transit Custom Limited 2017 – Owned
- Ford Transit Custom 2016 sport - Owned
- Ford Transit Custom 2016 Limited 2016 – Owned
- Citroen Berlingo Enterprise 2016 - Owned
The business is run and managed by 7 full time staff members.
The business trading hours are as followed:
Monday to Saturday - 08:00am - 17:00pm
Sunday - Closed
The business is currently located in the Perthshire town of Scone, covering Perth and the surrounding areas. Due to the nature of the sale on a business only basis, it could easily be relocated with the Perth, Tayside and Fife areas.