Business of Oulun Vesikate ja Rakennus Oy with equipment, Oulu

This is a unique opportunity to acquire, or expand an existing company with, a long-established, well-grounded and profitable business operating in the bitumen roofing sector!

Why you should buy Oulun Vesikate ja Rakennus Oy:

1. The company was founded in 1989 (now 37 years old) and has always been profitable, with operating profit around 10% (see figure 1).

2. The company is a member of Kattoliitto Ry, a select industry association (providing support and security for the business).

3. Installers are available 'on reserve' ready to handle higher turnover.

4. Turnover has been kept moderate at €500,000–€1,000,000 but the equipment allows running a larger turnover of €2,000,000–€3,000,000.

5. The equipment is relatively recent, so no major capital investments are expected for a long time (see equipment list below).

6. Customers include building contractors, housing companies and private individuals.

7. Everything in the company is ready — just jump in and start winning contracts.

8. The current owner will guide you during the handover.

Equipment list:

• Trailer — 1 unit

• Ladder tower, 17.5 m platform height (can also be assembled as scaffolding) — 1 unit

• Bitumen kettle 250 L — 3 units

• Bitumen kettle 50 L — 2 units

• Stacking trolley — 1 unit

• Counterweight guardrail set, 50 m — 1 set

• Roofing cutter — 2 units

• Circular saws and other larger machines

• Battery and pneumatic tools and other smaller machines

• Forklift racks

• Gas cylinders: 33 × 33 kg and 8 × 11 kg

• Illuminated signs — 2 units

• New website and email accounts (not yet published)

• Computer programmes and materials

Current total value of equipment: €85,000 VAT 0% (€106,675 including 25.5% VAT).

Premises:

Premises available for rent.