SOLD – Highly Profitable Drainage Business, South West Scotland 2688

Leasehold £595,000

    2576

SOLD - SIMILAR BUSINESSES REQUIRED

This is an excellent opportunity to acquire a long established and highly profitable drainage company operating with little local competition in south west Scotland.  Turnover £400,000.  Over £200,000 of vehicles and equipment.


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Type of business
This is an excellent opportunity to acquire a long established and highly profitable drainage company operating with little local competition in south west Scotland. Operating for over 20 years their work includes high pressure water jetting of drains, CCTV surveying, excavation of defective drainage installations, emptying of septic tanks and general fault finding and repair to defective or troublesome drainage systems. Net turnover for year ended 30 April 2021 of £400,000. Business turnover unaffected by Covid pandemic. The business has a solid client base across south west Scotland comprising 50% commercial & industry clients, 25% tanker work and 25% residential. Over £200,000 of plant & equipment including 32 ton Vacuum tanker, 18 ton Vactor/Combination unit, Daf mini Vactor combination unit, slurry tanker, mini digger, 3 fully equipped jetting vans, Mainline CCTV equipment and more. Being so well established and by providing a timely, quality service little advertising is required and most work is based on repeat business and word of mouth referrals. Very strong Company balance sheet. This Company is offered for sale at offers over £595,000.