Commercial Spraying Company in Dorset For Sale

Occupying a corner position, office and commercial area, Dorset.

Turnover £ 5,000
Price £149,500

Features

Commercial Paint Spraying Company

5 DAYS OPENING

Warehouse iin the PREMISES in the region of 6,000 ft² with roller shutter door, Box oven, Tunnel oven, 2 spray bays, Electro static pray gun, 2 powder machines , 3 compressors, 2 air dryers, Drying racks 3 or 4, Blast room, Blast cabinet, Drum blaster, Thinners recycling machine, Vapour degreaser, Conveyor line, Mig welder, 2 electric hosts, Platform cage, Platform steps, Paint can compactor, Wrapping trolley, Hooks Clocking in machine, Coffee machine.

Staff Toilet with w.c. and wash hand basin.

Turnover

The sales 31st May 2024 show sales of £219,658 with gross profit £ 203,696 and reconstituted net profit in the region of £110,000

Staff

The business is at present operated by the Husband & Wife team plus Son

Trading Hours

5 Day week
MONDAY - THURSDAY 8am - 5pm
FRIDAY 8am - 1pm

Tenure

The vendor owns the Freehold and subject to satisfactory references are prepared to grant a new 16 years full repairing and insuring lease with rent reviews every 4 years at a current rent of £30,000 p.a.

Business Rates from April 2025 £20,000 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME FAMILY SINCE 1980'S, AND OFFERED FOR SALE SOLELY DUE TO OWNERS RETIREMENT

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £149,500 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 74,750 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote