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West Sussex Based Air Conditioning and Ventilation Contractor Business for Sale

Undisclosed, West Sussex

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    15/01/24

  • Advert ID

    605081

  • Reference

    B07763 / Rightbiz

  • Call Agent:

    Registered members »

  • Asking Price: £370,000
  • Turnover: £437,545 (£8,414 Per week)
  • Net Profit: £65,138 (15% Profit margin)

Business Details

Air Conditioning And Ventilation Contractor For Sale

Business
Please quote reference B07763

CoGoGo are happy to welcome to the market a highly rated and well respected Air Conditioning and Ventilation Contractor in Sussex. 

The business was first established by our client over 30 years ago, building up an excellent reputation within the industry and a regular customer base.

It has now come to the open market due to our clients desire to retire. 

Established in 1991, the business has gained an enviable reputation for providing expert air conditioning, ventilation, and mechanical services to clients primarily throughout the South of England. They also undertake projects for regular national Clients at branches further afield.

Their regular teams of sub-contract engineers are located across the country to minimise response time and cost to the Client. Many of them have worked with for the business for over 10 years and some for 25 years. They ensure that the teams are properly trained, qualified and courteous.

Working with a range of high-profile customers, they have regular repeat business, also many new Clients by way of recommendations. Projects include Hotels, Shops, Restaurants, Cinemas, Offices, Factories, Residential properties and Schools.

Maintenance contracts are an important – many of their clients pay in advance for annual agreements which ensures further quality business generated through repairs and system renewal. They have a major contract in place for a further 2 ½ years and have worked with this high-profile client for 11 years.

The business offers flexible purchase or lease plans to clients. 

Key selling points -

  • Proven track record – established over 32 years.
  • Profitable every year.
  • Regular repeat high quality clients.
  • Maintenance contracts are mostly payable yearly in advance.
  • Main client has 2.5-year contract to run.
  • Perfect opportunity to add to purchasers existing client base as truly portable business with clients across South and London.
With a regular flow of repeat enquiries, this business can operate from anywhere and is easily portable.



Location
This Air Conditioning And Ventilation Contractor is based in Sussex.



Premises
Business is conducted from an office within a residential property, so will need to be relocated. 



Tenure
We are advised that this is being sold on a Business Only basis. 



Hours
The current trading hours are -

Monday to Friday - 8:00am - 6:00pm with call out services

Saturday to Sunday - On call for regular contract clients



Staff
We are advised that the business is run and managed by our client, with 2 direct employees. 



Financial Profile
We are advised as per the 2023 accounts, the business generated a turnover in the region of £440,000. Further financials can be made available upon request. 



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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.

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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 'Air Conditioning And Ventilation Contractor For Sale - B07763 / 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.