True Colours Painting & Furniture LTD for SALE for £500,000 net. True Colours Painting & Furniture LTD for SALE

  • £500,000
East Lane, London, England, United Kingdom

Business Overview

  • Local Business
  • Business Category

Business Details

Updated on August 13, 2021 at 3:09 pm
  • Price: £500,000
  • Business Category: Local Business
  • Business Status: For Sale

Business Description

True Colours Painting & Furniture LTD for SALE for £500,000 net.

Company specialises in providing professional and bespoke spray painting services for domestic and commercial clients. Company offer includes MDF spraying, veneer staining and veneer painting, glass painting, furniture spray painting and many other services both in London and in the UK.

The annual turnover of the company is about £400,000 and it is constantly growing.

Please see below what’s included in the sale offer: 

-Company name

-Bank account

-The company’s history

-All customers, acquired for 6 years

-Full accounting service, bookkeeping and invoicing program

-All documents from 6 years of running the company

-All safety certificates for running this business

-Website and company e-mails, website maintenance by an external company

-Card reader to collect payments from customers

-A contract for the recycling of chemical waste

-A contract for garbage disposal

-Four employees willing to work with the new owner

Expenses for running this business

  • Very low business rates only £159 per month
  • Rent £27,996 annually (VAT ex.)
  • Services fee £2,652 annually (VAT ex.)
  • Deposit paid to the landlord worth  £6,130

Workshop equipment

-Professional gas heated spray booth

-Two ABAC compressors

– KREMLIN painting pumps 3 pcs

-Cabinets for storing fire-resistant paints

– Fire extinguishers

-Sanding tables 3 pcs

-Vacuum cleaners and grinders

-Many other power tools

-Press for crushing paint cans

-Spray guns, etc.

-Main hall air-conditioned

-Main hall in winter, heated by a very efficient gas stove

-Central heating in offices

-Air conditioning in offices

– Professional CCTV IP cameras

-Professional computer network

-Alarm

-Auto Renault Clio 182

Are you interested? Please contact us directly to discuss details either by email  [email protected] or phone 074 83 31 55 56

Business Address

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  • Address East Lane, London, England, United Kingdom
  • City London
  • State/county England
  • Country United Kingdom

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