FOR SALE
30/10/23
601881
BPD231200 / Rightbiz
PSG Remedial Services is a well-established family business that has been in operation for over 40 years, covering London and the Home Counties. Founded in 1979 by the current owner's late father, the business has a rich history of success. Since 1983, it has expanded its services, including remedial contracting since 1996.
The company offers a range of services beyond its original focus on damp proofing and timber treatment. These services include basement tanking, cellar refurbishments, condensation control, wall tie replacement, and wall and timber fracture repairs. These services are organised under various sub-companies with associated domain names.
The business has a strong online presence, with domain names for its various sub-companies that have been in use for up to 28 years. This online presence is a valuable asset for marketing and client outreach.
PSG Remedial Services maintains a regular client base and has future contracts in place, indicating a stable and ongoing revenue stream for the business. The company follows a professional approach to its services. It conducts surveys to identify issues and designs schedules of necessary remedial work. These schedules often include works within PSG Remedial Services' scope, ensuring the business can provide ongoing services to its clients.
In the sale, PSG Remedial Services offers a comprehensive package, including records of the last 25 years of contracts and quotations, domain names associated with the business, several regional telephone numbers, and a group of reliable contractors if needed. This package can be attractive to potential buyers looking to continue the business's operations.
The owner is also willing to provide a long-term handover, demonstrating a commitment to ensuring a smooth transition for the new owner. This can involve training and guidance to help the new owner take over and run the business effectively.
Remote office available in Staines or otherwise relocatable.
Turnover: £532,000
The business currently incorporates the following sub companies, with associated domains:
Arkyle preservations: arkyl.co.uk
City Basement: citybasement.uk
City preservations: citypreservation.uk
Metro Basements: metrobasements.org.uk
Pegasus Preservations: Pegasus-preservation.com
Southern Preservations: southernpreservation.uk
Key selling points:
Strong Client Base including future contracts
Business websites
Business handover offered by the owner
Fantastic opportunity for further growth
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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