£0 £1000000
£0 £1000000

Specialist Road Markings and White Lining Business For Sale

Yeovil, Somerset

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£115,000 +SAV

Ref: 2490

Business Only

Overview

Hilton Smythe welcomes to the market Yeomarks Ltd. This unusual business venture was originally established by our clients in 1993 and has seen year on year growth to the successful business it is today. The business reports an annual turnover of circa £112,000 per annum with huge potential for further growth and a gross profit of 80%. Yeomarks Ltd specialises in road markings and white lining for projects such as car parks, private roads, estates, tennis courts, school playgrounds, leisure centres and airfields. Our clients have secured several exclusive contracts including the below, plus many more: Weymouth and Portland CouncilWest Dorset CouncilSouth Somerset CouncilWestlands AircraftMorgan SindallSodexo Currently the business is run at a pace to suit our clients due their impending retirement, and are regularly having to turn away work due to the business being solely run by them. This offers massive potential to significantly increase turnover, if additional staff were to be employed. A new purchaser could learn the skills to operate the business in a matter of weeks and anyone with basic practical skills could run this business. The type of trader that the business may suit could be Builders, Ground workers or road surface contractors. Our client is happy to offer a handover period or any training if required. We also believe the business would benefit from a modest marketing campaign to further promote the business and the introduction of a website would be hugely beneficial. This is the perfect business opportunity for someone looking to start their own business. The hard work has been done and the business enjoys an enviable reputation with virtually no competition locally.

Turnover
The business reports an annual turnover of circa £112,000 per annum with huge potential for further growth and a gross profit of 80%.

The business is owner run and managed.

The business operates as and when required.

The business currently operates from our clients home in Yeovil, Somerset, therefore can easily be relocated to anywhere within the region. However, there is a yard which is rented with parking for vehicles and a storage shed and container which will be included in the selling price if required by the purchaser.

The business operates from our clients home, however, the below leased premise is available within the sale if required. Detached concrete workshop with pitched roof, power and light, small hand wash basin and perimeter shelving currently used to store stock and spare trailer. The premise could be used to garage circa 4 average size cars. Next to this workshop is a detached steel container which offers secure additional storage. There is parking for a number of vehicles outside the workshop which is sublet from a local haulier at a cost of £200+vat per month. Assets2 liveried vehicles, VW pickup with crew cab to tow trailer containing the white lining machinery, and Peugeot liveried pickup.

Tenure
This is a business only venture with leased premises available if required.

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