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Turnkey Heating Installation Business in Fife for Sale - Well Established and Reputable

Unknown, Unknown

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    08/03/21

  • Advert ID

    273435

  • Reference

    B06072 / Rightbiz

  • Call Agent:

    Registered members »

  • Leasehold: £275,000
  • Turnover: £513,707 (£9,879 Per week)
  • Net Profit: £85,528 (17% Profit margin)

Business Details

Well established Heating Installation business for sale

Business
Please quote reference B06072

Established in the 1990s, the company is a Scotland-based fireplace design and installation business, providing a full-spectrum service comprising design, supply, and installation of gas, electric, and wood-burning fireplaces.

With two showrooms, the company has good market coverage of South-East Scotland, with good access to major road networks.

The business benefits from a dedicated team of 9 staff, I of which is part-time, who are well-equipped to ensure business continuity.

The company’s unique value proposition comprises:

  • Established presence: Over 30 years of successful operation in Fife, Edinburgh, and the Lothians.
  • Comprehensive services: Bespoke design, supply, and installation of gas, electric, and wood-burning fireplaces for residential clients.
  • Reputable partnerships: Approved agents for leading brands like Stovax, Gazco, and Nu Flame.
  • Showrooms: Two strategically located showrooms.
  • Experienced team: Two Gas Safe and Hetas registered installation teams ensure quality workmanship.
  • Financial performance: Consistent turnover and profitability.
  • Growth potential: Opportunities to expand reach through targeted marketing campaigns.
Financial profile

The company boasts a robust financial profile, having turned over £862,055 in 2022 with an adjusted EBITDA of £227,446.

Investment opportunity

The company offers a unique opportunity to acquire a profitable and well-established business with potential for further growth. The company's strong reputation, consistent financials, and experienced team make it an attractive investment for companies seeking to enter the fireplace market or expand their existing operations.

 



Location
The main office and showrooms are located in Scotland. The location gives ease of access for customers to the major road networks. There is also a good level of footfall in the location of the showrooms.

 



Premises
The business comprises a large showroom, separate office, storage space and toilets. It also has an external store and parking in front for 6 vehicles. It has separate entrance doors for public and deliveries which are secured with roller shutters. The two showrooms are strategically located. 



Tenure
We are advised that the business is being sold on a Leasehold basis, with 4 years remaining on the 10 year lease. 



Hours
Monday- Closed

Tuesday- 9.00am- 5.00pm

Wednesday- 9.00am- 5.00pm

Thursday- 9.00am- 5.00pm

Friday- Closed

Saturday- 10am- 4.00pm

Sunday- Closed 



Staff
We are advised that the business has an experienced team in place.



Financial Profile
Turnover IRO- £862k for 2022.

  • Prospective purchasers will be required to sign an NDA.


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Contact Agent

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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.

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Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

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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.

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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.

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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.

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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.

Stay Safe

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.'.

Stay Safe

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.

Stay Safe

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.

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Stay Safe

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.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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.'.

Stay Safe

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.

Stay Safe

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.

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The data showed regarding this advert 'Well established Heating Installation business for sale - B06072 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.