SOLD – Highly Profitable Drainage Business, South West Scotland Ref. 2715

Leasehold £545,000

    2827

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 southern 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.

2021/22 Net sales £500k. Forecast turnover for the current year of £600k.
Consistently profitable business with excellent profit margins.


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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.
Financial information
Forecast net turnover for the current year of £600,000. Consistently profitable business with excellent profit margins. 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.