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Land for sale

Clarence Street, Burton-Upon-Trent, Staffordshire, DE14

£130,000

Property Description

Commercial information

  • Business for sale

Key features

  • REF: 2190
  • LEASEHOLD
  • SCAFFOLDING

Full description

Tenure: Leasehold

LOCATION
S & M Scaffolding (Burton) Ltd is currently run from our clients` home address in Burton-upon-Trent, Staffordshire. The business could be re-located to anywhere within the Staffordshire area.

BUSINESS
Hilton Smythe is delighted to welcome to the market this well-established and very busy scaffolding business in Staffordshire. The business was established by our clients` in 1992 and is only now being offered to the market due to our clients` unfortunate health problems and desire for a well-earned retirement. The business operates at a pace to suit our client and generates a turnover in the region of 652,150 with a gross profit of approximately 33%, as per the 2016 accounts.

Our client predominantly works on new house builds and has contracts in place ranging from 2 to 4 years in advance, with one company providing our client with work for the past 20 years. The business has an excellent reputation within the industry for the high quality of services provided, which has resulted in a very loyal client base, with a vast amount of repeat trade and word of mouth referrals.

Even though the business is run from our home, our client does rent a secured yard to store the scaffolding and four 7.5 tonne lorries, which are also included in the sale. We feel the turnover could be increased by embarking on a marketing campaign to advertise the business and the services offered. This is an excellent opportunity for a new owner to take this thriving business to the next level; therefore viewing must come highly recommended.

Please note the SAV (all scaffolding is valued at 220,000).

PREMISES
The business is run from home with a secured rented yard to house the scaffolding and lorries.

Vehicles:

4 x 7.5 tonne lorries.

TENURE
Lease details for secure yard:

Rolling lease
Rent: 340 per month.

HOURS
The business operates as and when needed.

STAFF
The business is owner run and managed with 6 x staff members.

FINANCIAL PROFILE
The business generates a turnover in the region of 652,150 with a gross profit of approximately 33%, as per the 2016 accounts.


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