Commercial & Industrial Plumbing And Heating Engineers | | Undisclosed Relocatable | | Commercial & Industrial Plumbing and Heating Engineers Confidentially offered for sale Ref No: GD061 Location: South Wales Relocatable Asking price: £50,000 | | BUSINESS FOR SALE ADVERT DETAILS ADVERT NUMBER : 18951
ADVERT IMPRESSIONS : 81,558 TIME(S) | | | | BUSINESS SECTOR: | Services | | TRADE TYPE: | Other | | SALE: | Agent Sale | LEASEHOLD: | £50,000 | | | | | | | | | | Add this business advert to your: | | | | | | | | | | | | | | | BUSINESS DETAILS: | Business Profile:
The business was started by its present director in 1998 and has predominantly focused its energy on acquiring sub contract commercial and industrial work. A whole range of plumbing and heating installation work is carried out for an assortment of clients, many of whom are involved in new build or refurbishment work for large national chains and blue chip companies.
Equipment:
Apart from the pre-requiste hand tools and equipment the company operates a lean supply system with all necessary goods and components being delivered to site by the supplier. To this end the company has well established accounts with a number of national plumbers merchants.
Customer Service:
One of the main reasons for the success of this business is attitude of mind and a ‘can do’ approach to client requests. Flexibility is the key word and the business will operate at nights and weekends to fulfil contractual requirements. This approach combined with competitive pricing has lead to excellent working relations with the key clients and a steady demand for their services.
Key Strengths:
• Consistent growth
• Profitable
• Minimal overheads
• Flexibility
• Quality client base
Growth and Expansion:
Should the purchaser wish to expand the business there is a significant national opportunity to carry out additional work for the existing customer base. At present the company only works across South Wales and the South West and this geographical area could certainly be expanded .
Employees:
One director
One general manager (Corgi registered)
Three time served plumbers
Advertising and Marketing:
No advertising and marketing is currently undertaken, a high percentage of work is gained from word of mouth recommendation. Investment in promoting the business could attract additional work and improve profitability.
Premises:
Business will need to be relocated
Financial Information:
The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.
The company enjoys a turnover of around £370,000 and makes a gross profit of circa £160,000. Net profits are circa £70,000 All figures will be made available for discussion with the company’s accountant on request.
Reason for Sale:
The director has decided to emigrate.
Support and Training:
There will be a full and professional handover for a period of time to be agreed as part of the overall negotiations.
| | | | | | FOR SALE | | | | | REFERENCE: | GD061 / RightBiz | | | | | | Request more information about this business.. | | ENQUIRIES: | | | | CONTACT SELLER TO GET THE SELLERS DIRECT CONTACT DETAILS AVAILABLE TO MEMBERS ONLY | | | | | | | | | | | |
