Description:

Asking price includes:

Turnover circa £136,000
Gross Profit circa £108,000
Net Profit circa £72,000
Plant and Vehicles valued circa £40,000

Very low overheads
Excellent bolt on or first time buyer opportunity
Strong customer base
Goodwill

Business profile:

Established in 1999, this business has developed a first class reputation for high quality, precise line marking across a broad range of environments.

Services are regularly provided to local authorities for schools and car park projects, plus major businesses, warehousing and also to a wide variety of specialist sites, including the Olympic Park and numerous transport projects. The business enjoys preferred suppliers status with several clients, including a leading U.K parcel carrier.

This business operates in a sector that is benefiting from major changes to Health and Safety regulations. These regulations require businesses and local authorities to improve safety concerns through improved marking of surfaces in warehouses and car parks etc.

Only BSI qualified materials are used on all contracts. Anti-skid, durable paints and resins ensure customer satisfaction. The business is one of the country's leading contractors for the marking of warehouses. This type of project is extremely lucrative and the business has invested in a range of specialist equipment that has been purpose built and meets strict safety guidelines for use in internal environments.

Completely relocatable, the business would be an excellent bolt on to many facilities management businesses or would also be a highly credible option for somebody buying their first business.

Equipment:

The sale includes a range of equipment including Paint Spray Machine, Lining Pots, Linemarking Pram, Line Removal Machines and Etching and Scarifying Machines.
One commercial vehicle is also included in the asking price.

Customer Service:

This business does everything possible to enhance their excellent reputation and to develop commitment to customers' needs and whose reputation has been built on reliability and getting the job done in time every time.

This is a company that takes pride within itself and its developments, with a talented team whose understanding and knowledge is the key to developing superb working relationships with all clients, thus ensuring regular repeat business from several of their clients. This is a company

Key Strengths:

The business has been developed in such a way that combines efficiency and quality of work, with on time completion for all work undertaken and offers commitment to the highest levels of service. The Company has earned an outstanding reputation for its value for money, honesty, service, reliability, efficient job completions, excellent quality work, cost control and highly skilled, experienced staff. All of which is driven by the strong culture of providing a precise and safe end product.

Growth and Expansion:

Although currently based in Kent, this business could operate from anywhere. A new location, especially one near more transport links and closer to more larger manufacturers or logistics businesses would make it much easier to grow this business going forward.

Premises:

There is no property included in this sale.

Business Hours:

The business operates at times mainly dictated by clients.
Advertising and Marketing:

The business only advertises in Yell.com.Direct mail marketing is sometimes utilised ,but only to existing or past clients.

Financial profile:
The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler. Turnover is circa £136,000, gross profit is circa £108,000 and adjusted net profit is circa £72,000.
Employees:

The business is operated in full by the existing owners. No staff is employed.
Support and Training:

All necessary training as well as a comprehensive handover is available to ensure continuity of trading.
Reason for Sale:

Having spent twenty years in this sector, the current owners are changing their lifestyle. They feel they have taken the business as far as they can.
Turner Butler Disclosure Statement:

This statement applies to information relating to any company or other undertaking or business advertised for sale by Turner Butler (a 'Business')

The information supplied by Turner Butler on its website or in any other promotional material ('the Information') is not and is not intended to constitute an offer for sale of the Business or any assets of the Business or of the shares of any company which owns the Business.

For the avoidance of doubt there is no intention to create a legal relationship which will only come into existence when a written contract for sale and purchase of the shares in or the Business has been entered into

The Information provided is not intended to address your particular requirements. Further the Information does not constitute any form of advice recommendation representation endorsement or arrangement by Turner Butler and is not intended to be relied upon in making (or refraining from making) any specific decisions.

Any agreements transactions or other arrangements made between you and any client of Turner Butler are at your sole risk and responsibility. The prospective sellers of the Business have provided the Information to Turner Butler. The Information has not been verified by Turner Butler.

You must carry out your own due diligence and satisfy yourself as to the accuracy of all matters. In the case of the sale of shares in a Business the Information has been prepared on the basis that the shares will consist of or include more than 50% of the voting shares and that both the seller and the buyer is either a body corporate, a partnership, a single individual or a group of connected individuals so as to fall outside the scope of regulated activities as defined by the Financial Services and Markets Act 2000. If you are considering a transaction which falls within the scope of such regulated activities you cannot do so through Turner Butler.

Appropriate professional, legal and accountancy advice should be obtained before making or refraining to make any decision.

Turner Butler does not accept any responsibility or liability for loss or damage of any nature that may occur by reliance on the Information. Neither Turner Butler nor any of our employees or agents makes any representation as to the completeness or accuracy of the Information nor do we accept any liability for any losses, costs, liabilities or expenses which may arise directly or indirectly from your use of, or reliance on the Information.

This document is governed by and shall be construed in accordance with English Law and any dispute arising in connection with it shall be subject to the non-exclusive jurisdiction of the English courts

Turner Butler
Ickenham House, 2-4 High Road, Ickenham, Middlesex, UB10 8LJ
Telephone 01895 25 6000 Facsimile 01895 25 7777
info@turnerbutler.co.uk
www.turnerbutler.co.uk