£0 £1000000
£0 £1000000

Well established maintenance business for sale

London, City of London

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For Sale

£39,995 +SAV

Ref: B06408

Business Only

Overview

Please quote reference B06408

Hilton Smythe welcomes to the market, Vincent’s Property Maintenance, a well-established and profitable maintenance company, carrying out work in the Kent area/London area. The business was originally founded by our client over 20 years ago, only now does the business come to market as our client has relocated. The business gets alot of ongoing contracted work. 

The company offers contracted work to Housing Associations, Housing and Letting Agents, specialising in the following services; Garden maintenance, Rubbish removals, Private gardens, etc. The business reports show an annual turnover of £30,786.

Due to the nature of the business, our client was able to trade through the covid period, with the lockdowns having no effect on the trading figures.

Since establishment our client has built up an excellent reputation and wealth of experience in the sector. A handover period is being offered to ensure the continued success of the business, and to make it a smooth transition for his loyal customer base. The contractual element of the workload is secured for 2021.

The company is currently being run by the owner, with 2 loyal staff members, who would be more than happy to stay employed, our client advises they are a valued asset to the business, with great work and customer skills.

Our client has run the business at his own pace, due to other commitments therefore the work generally comes from word of mouth recommendations and regular custom.

This business has so much scope to increase revenue, should the buyer desire, for example pushing advertising and utilising social media, employing more staff, offering more services, extending coverage radius, etc.

We feel this business would be suitable for a single-handed worker to run as our client has, or as an add on to a larger company that is looking to expand and take on the work of this company. The business would also suit a family team, such as father and son.

Hilton Smythe highly advises early discussions to avoid disappointment.

Turnover
We are advised as per the 2020 accounts, the business generated a turnover in the region of £30,000, with an adjusteed net profit in the region of £15,000. Full financials can be made available upon further request. 

Please quote reference B06408

We are advised that the buisness is owner run and managed, with the help of 2 part-time members of staff. 

The business trades 24/7.

The contractual work/customer base is located within the Kent/London.

The current catchment is within the Kent area

Tenure
We are advised that the business is being sold on a Business Only basis. 

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