Total of 18656 firms and businesses for sale today Saturday 27th April 2024
Sold. Domestic/light Commercial Plumbing & Heating Engineering Business
LISTING DETAILS
Firms For Sale ID:
29211
Vendor reference:
GD098
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
Undisclosed
Turnover / revenue:
£275,000
Net profit / cashflow:
Undisclosed
Years established:
1998
Trading hours:
Monday – Friday: 0900-1700
Offers emergency call out service to some clients
Number of employees:
5
OTHER DETAILS
Reason for selling:
Genuine retirement sale
Support and training:
The current owner would be happy to provide full training and support at handover.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The business operated from rented premises. It could easily be relocated if need be. The business is based on an old industrial estate and has circa 2000 square feet of space including offices, kitchen, toilets and stores. Premises are alarmed. Rent and rates are circa £2,600 per annum.
BUSINESS DESCRIPTION
Domestic/Light Commercial Plumbing & Heating Engineering Business
GAS SAFE REGISTERED
Ref.GD098
Location Lancashire/Grt Manchester
Offers Invited
This well managed business was set up by the current vendor some 14 years ago and has established itself as a highly reputable and trustworthy business providing a combination of services to the domestic and light commercial markets in the region it serves. The business is fully certified to carry out works on water mains and has gas safe accreditation so is able to provide a complete turnkey solution to its clients providing a comprehensive range of plumbing and heating services.
The company provides services to both the domestic and commercial markets and as such has a broad and diverse client base. Clients are typically based within a 40 mile radius but the business does offer services to some clinets further afield. Typical clients include insurance companies, builders, house-builders, private businesses and private individuals.
The majority of its work is domestic and a lot of this work is insurance driven. The business has also worked on new build dwellings on a commercial basis as well as hotels, bakeries and other private businesses. The business enjoys very high levels of repeat business and has a loyal customer base due to the quality of its customer service. Long serving staff are employed who are highly knowledgeable and experienced.
Market / Competition / Non-Competition Agreements
Existing customers are the best advertisement for the business with word of mouth recommendations consistently generating new work. The business undertakes no advertising or marketing such is the consistent levels of business it enjoys. A new owner could certainly increase this to help grow the business.