Well-known in the new build housing sector, the company works with leading national house builders and has secure contracts in place which a new owner would acquire upon sale.
The business’s unique approach to scaffolding and its strong standing in the industry sets it apart from the competition and ensures repeat trade. Operating with minimal overheads and minimised labour and material risks, a new owner is presented with a simple business model which offers a very easy transition.
Having created a stable, successful business, the owner is looking to pass it on to someone with appropriate expertise to develop it further.
Specialising in new build housing, this field makes up the vast majority of the business’s work, with strong relationships in place with housebuilders including Persimmon, Gleeson, Seddon and Redrow and its supplier SGB.
The business has work remaining from secured contracts totalling around £1.35m and has an existing pipeline of tenders with major housebuilders, with 5-10 tenders pending. It has also secured a new contract ready for the new owner to benefit from.
Its excellent health and safety record also bolsters its reputation, with most work gained through word of mouth referral/repeat business.
This is an ideal opportunity for someone already working in the scaffolding industry, or an owner of a related business looking to grow their portfolio.
The business offers ample untapped avenues for growth. Creating an online presence through a website and social media platforms would gain the business maximum exposure and assist in gaining new clients. Tendering for more contracts would also increase its already impressive annual turnover.
The current owner would be happy to stay on for a transitional period to hand the business over smoothly.