Business Offered For Sale: Decorative Finishing Services

Sector
Turnover
Location
Manufacturing £5.4m UK

Business Opportunity:

An opportunity exists to purchase the business and assets of a UK based provider of decorative finishing services.

The purchase will be executed at the earliest opportunity. All interested parties will be requested to sign a non-disclosure agreement and specifically deal with Middleton Barton Asset Valuation Limited as appointed agent on behalf of the Vendor.

Business Overview:

• Established business
• Operates across the UK
• Extensive client list
• Undertakes work for UK domestic and commercial clients
• Provides damage repair services to interior finishes to multiple sectors
• Pipeline of new business opportunities

Financial Information:

Management Accounts, 9 months to 30/6/23 (£):

  • Turnover – 5,470,014
  • Gross Profit – 1,929,566
  • Net Profit/(Loss) – (385,118)

Full Year Accounts to 30/9/22 (£):

  • Turnover – 6,497,804
  • Gross Profit – 1,641,847
  • Net Profit/(Loss) – (783,063)

Full Year Ac-counts to 30/9/21 (£):

  • Turnover – 4,779,915
  • Gross Profit – 1,316,071
  • Net Profit/(Loss) – (86,256)

Assets Available for Sale:

  • Inventory of owned office furniture and equipment
  • Inventory of commercial vehicles subject financial encumbrance
  • Stock of consumables
  • Work in Progress
  • Pipeline of project opportunities
  • Goodwill

Location:

United Kingdom

Deadline for Offers:

Indicative offers no later than 11th October 2023, all offers to be supported by proof of funds.

Further Information:

For further information or to request a non-disclosure agreement please contact the Manchester office on 0161 359 4633.