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ET010-Specialist Drilling and Cutting Company

Asking Price: GBP 1295000
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Business Location: United Kingdom » Relocatable » Scottish Central Belt 
Category: Retail » Miscellaneous Retail
Description:
Specialist Drilling and Cutting Company

Confidentially offered for sale
Ref No:ET010
Location: Scottish Central Belt

Asking Price £1,295,000
The Business was established 17 years ago by the current owner. The company is run by the current vendor and his son, who is employed as the contracts manager. Between them they have over 25 years of experience. Supported by a professional, dedicated and loyal team of 21 personnel, the company has an excellent foundation and infastructure for further significant growth.
The business specialises in diamond drilling, concrete sawing, cutting and floor finishing services throughout the UK. The comprehensive range of services includes Diamond Core Drilling, Diamond Floor & Wall Sawing and Chasing, Specialist Wire Sawing, Crunching, Busting and Controlled Demolition, Hydro Cutting, Brokk Robolition and Floor Preparation inc. Shot Blasting, Grinding and Polishing.
Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue
N/A
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:  
Business Area: no
Year Established: 1991
Is Relocatable?:
Yes
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: Yes
Reasons for selling:
Having spent the last 17 years developing the business the owner now seeks a more leisurely lifestyle to enable him to spend large parts of the year at his second home in Spain.
Market competition and expansion:
To date, new work and the very healthy cash flow have been generated just from word of mouth recommendations - there has been little or no sales effort, little advertising, no brochures, and no use made of the company’s presence on the internet. By using any of the above mediums, the business could dramatically increase its presence, turnover and bottom line.
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