Asking price: £1,050,000

Sales revenue: £1,500,000

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
This highly respected painting and decorating company was established in 1994, and provides a first rate Painting and Decorating service to a large volume of triple A rated business including Embassies, Crown Estates, Regents Park and Grosvenor Estates, amongst others.

Some of the clients of this impressive painting and decorating company have remained loyal to the company for nearly thirteen years. As founder members of the Dulux/ICI partnership, quality is assured for the client.

The company operation being centered mainly upon cyclical redecoration contract work virtually guarantees payment, assures repeat business and endorses a solid client database.

The entire painting and decorating company is reliable, professional and dedicated to giving a superior level of service at all times, operating to in-house quality guidelines, and maintaining a loyal and committed workforce.

The success of this painting and decorating company has been founded on its ability of providing an outstanding service. The thirteen years of trading to date gives good testimony to this.

Equipment:

The business operates a fully computerised system, with all clients details held on a comprehensive database.

Customer Service:

This Painting and Decorating Contractors has established an enviable reputation for both the quality of workmanship and the courtesy and professionalism of the team of dedicated painters, many of whom have been with the company for ten years and more.

A testament to the quality of service provided are the many clients in the educational, commercial and municipal sectors who return whenever they are in need of quality ensured painting.

Customer service is highly valued by this company. From the submission of a clear estimate or tender, through the painting and decorating contract, to completion and presentation of invoice, this company adheres to a strict code of conduct.

Value is placed on ensuring that contract work is fully and professionally completed within the specified and agreed period of time.

Working closely at all times with clients, this company offers a speedy response time to resolve any queries that may arise.
Key Strengths:

The business owner has, over time developed and nurtured client relationships successfully. This has resulted in customer relations founded on a history of trading satisfaction.

The business is well established and highly profitable, with a loyal and growing customer base, retaining a high level of repeat business, particularly among a number of high profile blue chip companies.

The company has earned an outstanding reputation for its professionalism, service, reliability and flexibility.

The business benefits from the expert skills of loyal and highly trained staff who have embraced the company culture of providing the highest quality services. The success of the company owes much to enthusiasm and the willingness to take ownership of challenges, objectives and goals.

Employees: The business is currently owner run with one full time office administrator. In addition, the business sub contracts between 30-40 staff including, painters, plumbers and roofers.

Location
No premises are available with the sale and the business is fully re-locatable

Expansion potential
Growth and Expansion: With established account customers, this success story enjoys a sterling reputation for quality, excellent service and value, not to mention a high demand for its wide range of expertise. This company offers a new owner plenty of excellent growth potential and a strong market base, making it a business that is on the right track to the next level of business. Key Opportunities: The opportunities offered by this painting and decorating company could be vast. At present, the geographical area served is limited to London and the South East. Market penetration into the entire country and beyond could be possible.

Competition / Market
This successful company does not use any formal advertising or marketing strategy, most new business is generated from client referrals and word of mouth recommendations, bearing strong testimony to the business’s excellent reputation. An immense opportunity exists to build on this unsurpassed reputation and implement further and more assertive methods of advertising to expose the business to even greater markets. Various methods could be used in this regard, including the local press, a direst sales force, trade exhibitions, leaflets, brochures, direct mail or a telesales initiative.

Support & training
Full support and training will be provided to the successful purchaser if required.

Reasons for selling
This is a genuine retirement sale.