Scaffolding Contractor With Excellent Customer Base For Sale

Business description

HERTFORDSHIRE
SCAFFOLDING CONTRACTOR WITH LARGE STOCK OF EQUIPMENT AND EXCELLENT CUSTOMER BASE

• Established 4 years
• Turnover £434,043 (2011)
• EBITDA averaging £48,000 per annum over the last 3 years
• Leasehold £850,000 including scaffolding inventory
• Reference: 1148 EN


BUSINESS SUMMARY

This consistently successful company has during 4 years of trading established an excellent reputation in the provision of scaffolding services to customers throughout the UK, mainly in the Midlands and South East. Trading from its secure base close to Waltham Cross in Hertfordshire, customers from the construction sector, and typically include builders and property maintenance companies. Good relationships with manufacturers and suppliers allow a very wide range of products to be sourced and supplied to specific customer requirements.

Our client has enjoyed a successful trading since incorporation and following an initial set up years the business has generated significant and consistent profits. The customer base is now well spread and the business benefits from a stable, well qualified staff, with exceptionally low rates of turnover. In financial terms the balance sheet is very strong, with a consistently high EBITDA figure ensuring excellent earnings for a new buyer.

Over the last few years the company has both consolidated its place within the market place and developed a number of new customers. Overall, the market for scaffolding related services is strong both in terms of new building work but also with ongoing maintenance work requiring scaffolding. The proximity to London is a considerable advantage, given the high density of construction and maintenance work undertaken in the capital.

The company would be an ideal purchase for a similarly sized or larger corporate with a good knowledge of the industry and with an acquisitive growth strategy. Such a purchase would give access to mature repeat customer base, a company with solid financials and a reliable staff compliment. The business could also appeal to a rival firm, or alternatively, a company operating within the construction sector seeking additional market penetration.


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Property information

Property:

Leasehold

Other information

Expansion potential:

The company is located close to the very substantial London market. As such, it is ideally placed to exploit opportunities that will invariably arise over the next few years. Marketing at present is limited to the company website with the order book being filled through recommendation and referral. Focus on business development activity generally would easily increase the company’s share of a sizeable market especially in the south east of the country.

The business could easily be extended beyond the confines of London and the south east, probably through taking on additional contract work.

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