CoGoGo welcomes to the market an exciting opportunity to acquire, (on a business only basis) a well-established local plastering business with an excellent reputation.
The business has been under the ownership of our client for many years building up an excellent reputation, with a high level of repeat business along with referral work covering the local Winchester area, but has also been known to take on work in Nottingham as well as London.
It is only now the business is for sale as our client looks to take well-earned retirement.
The business offers a full range of plastering services including skimming, dry lining, wall straightening, rendering, and repairs. The owner runs the business to suit his lifestyle and on occasion has to turn away work as he is too busy. This would make an ideal first-time purchase for someone in the trade or a great add on to a similar business looking to expand.
We feel there is scope to increase turnover with the introduction of a dedicated website to promote and highlight the services, along with a robust localised marketing campaign to further generate new business.
The business trades on its reputation and has outstanding future possibilities. It would potentially be an ideal acquisition to some similar sized or larger enterprise looking to increase its position and presence within the local area.
A tremendous opportunity to own this well-established business, and early enquiries must come highly recommended to avoid disappointment.
Financial Profile
We are advised that as per the 2020 accounts, the business generated a turnover in the region of £77,000, with an adjusted net profit in the region of £34,000. Full financials can be made available upon further request.
