Hilton Smythe welcomes to the market South Coast Line Markings Ltd. This family run business was established in February 2016 and has quickly established itself as a serious contender within this niche market.
South Coast Line Markings Ltd are a specialist company offering car park lining services and markings such as parking bays, disabled symbols, mother and child symbols and many more, they also offer bespoke services such as road painting, car park painting, school playgrounds and safety marking's using high quality materials, manufacturing in the UK and meeting BSEN standards.
The accounts for the first half year trading show turnover at around £50,000 with gross profit at circa 75-80%, with a projected year end turn over in the region of £100,000. The sale includes a high value of assets including all stock, bespoke built Vauxhall Movano truck and a comprehensive website.
Our client has a fantastic reputation with a client base split 50/50 between private individual work and contracts with blue chip companies including Tesco, Lidl and Screwfix.
We are advised that additional revenue could be generated if a new owner were to acquire a Section 8 Registration for projects on highways and roads.
The business reluctantly comes to the market due to our client's ill health and would be ideal, we believe, as a bolt on to an already existing business within this sector or as a new start up.
TENUREThis is a business only opportunity.
HOURSOur client works Monday to Fridays but can be extended to weekends if needed, they also work hours to suit the working day.
STAFFThe business is run and managed by our client and his son.
FINANCIAL PROFILEThe accounts for the first half year trading show turnover at around £50,000 with gross profit at circa 75-80%, with a projected year end turn over in the region of £100,000.
This relocatable business is currently based in Dorset, covering Bournemouth, Poole, Christchurch, Dorset, Hampshire, Wiltshire, Somerset and the Isle of Wight and could easily be moved to any of these locations.
Converted and bespoke built Vauxhall Movano truck circa £22,000 which is fitted with paint burners and pourers, floor molds, and a winch.
'Pram' - hand pushed machine used with hot line paint.
Stock bags containing multiple colours of paint ball pellets.
Website - http://www.southcoastlinemarkings.co.uk