Total of 18656 firms and businesses for sale today Tuesday 19th March 2024
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Sold. Oil & Gas Boiler Service, Repair & Installation Company

LISTING DETAILS
Firms For Sale ID:
34996
Vendor reference:
AL247
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£500,000  
Turnover / revenue:
£372,000
Net profit / cashflow:
£193,000
Years established:
30
Trading hours:
Usual office hours are Monday – Friday: 8.30am – 5pm
Employees / staffing:
The business employs a reliable team of sub-contractors for appliance installations.

OTHER DETAILS
Reason for selling:
The vendor wishes to retire.
Support and training:
The vendor is happy to provide support and training for a negotiated period.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Oil & Gas Boiler Service, Repair & Installation Company
Extremely loyal South Oxfordshire & Berkshire client database
Ref. AL247
Location : Oxfordshire Relocatable
Asking Price : £500,000 Inc. vehicle asset
This well known and respected business was founded by the vendor in 1988 after a successful period as an employed engineer, and provides specialist oil boiler maintenance and installation services, to clients and customers primarily in the South Oxfordshire and West Berkshire areas.
The firm has developed, over time, long term relationships with larger customers with multiple units, requiring regular maintenance and servicing, along with many other domestic customers requiring services for a single home unit – of course, there are the many call-outs during the Winter months when customers find themselves running out of oil and needing emergency attention.
Business engineering and service activities are managed by the vendor; this is an owner-managed business and would suit either an individual engineer seeking the ideal opportunity to take advantage of a turn-key business, with an enviable customer base, in an affluent part of the UK; or a similar business in the area looking for the simplest of added turnover and profit to their own activities.
The company has become known as a reliable, quality-focused, service provider with particular expertise in oil boilers, where the focus is on a complete understanding of the special requirements of domestic oil appliances. Similarly these company traits serve just as well for the other areas of business, which is in the servicing and repair of gas appliances.
There is some small amount of sub-contracted installation work.
The business enjoys very strong referral rates and is subject to much more demand for services than can be provided.
All customers are managed through Microsoft Project database.

Market / Competition / Non-Competition Agreements
The company carries out no marketing activities.

A high proportion of the business s revenue has been due to its excellent reputation for quality and service and the business regards its existing clients and partners as its best advertisers, maintaining an impressive database of private clients, whilst continuing to attract new referrals and recommendations.