Commercial Painters & Decorators for Sale
Leasehold : £ 180,000
Commercial Painters & Decorators
Location South Yorkshire
Asking Price £ 180,000
This is a well established commercial painting and decorating firm that has been successfully trading for well over 30 years. Within that time the company has built up a sterling repuation based on quality of work from initial enquiry right through to final sign off. The company provides both internal and external painting and decorating services on a commercial basis. The company have a good number of Blue Chip clients who use their services on a regular basis and several of these customers have long tems contracts in place which ensures consistent levels of work year in year out. These customers include councils, housing associations, local authorities, construction companies and public houses to name but a few. The company has dealt with many of its customers for a long period of time due to the fact it always meets, and in many cases, exceeds the Key Performace Indicators (KPI’s) that are set. Because of this the company benefits from having ongoing contracts in place, a strong future order book and good visibility of works well in advance, which enables them to plan projects effectively and profitably.
The company has built up a highly skilled and trustworthy team of time served decorators that do not require “on the job” supervison. The company also has excellent long term relationships with sub-contractors whom it calls upon as and when required. It is easy to run with low overheads as the owner operates from an office in his own home with a small lock-up to store the decorating equipment.
They are highly competitive yet make regular profits each year, and have performed well during the recent recession.
This would make a perfect ”bolt-on” business for another company who are looking to either expand their own operation and immediately increase their database of blue chip prestige customers.Alternatively it would appeal to a company who is looking to expand their services into the decorating sector of the market with a number of major contracts automatically in progress.
||Typically 07:30-16:30 Monday to Friday
||The owner works in the business, pricing and planning all of the work. He employs 6 full time decorators who are all highly experienced and self-manage themselves on site. In addition to this the company also employs a part time office manager.
The company also has a pool of trustworthy sub-contractors whom it calls upon as required.
||The vendor works from a home office environment. However the business does rent a small unit (circa 1000 square feet) on an industrial estate where it stores equipment, scaffold, ladders etc. The unit is secure and the estate has manned security on site. Rent is circa £3000 p.a.