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Plumbing And Heating Company With Worcester Bosch Accreditation

Undisclosed Kent
KENT - RE LOCATABLE PLUMBING AND HEATING COMPANY WITH WORCESTER BOSCH ACCREDITATION Est & respected co C/M through kent & surrounding counties Low o/h & 5 reliable sub contracted engineers A/T: £240,319 ADJ NP: £40,000 Excellent scope to inc t/o BUSINESS ONLY: £99,000 +SAV REF: 1101ME
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 64893
ADVERT IMPRESSIONS : 7,298 TIME(S)

 
BUSINESS SECTOR: Building / Construction
TRADE TYPE: Plumbing / Heating
SALE: Agent Sale

ASKING PRICE:

£99,000
 

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BUSINESS DETAILS:

LOCATION

• Fully re-locatable business with customers throughout Kent
• Ideally positioned to allow additional customer and staff recruitment within central Kent
• Within easy striking distance of a range of potentially lucrative customers

HISTORY

• Established by vendor in 1986 as an independent plumbing and heating contractor serving customer base throughout Kent
• Business grown to large size at one point with annual sales exceeding £1million
• Scaled back to suit lifestyle of vendor
• Worcester Bosch accreditation granted 2006

REASON FOR SALE

• Retirement

SERVICES

• Installation and servicing of all types of boiler and central heating systems
• Wide range of plumbing related services
• Particular expertise with oil fired central heating systems
• Annual maintenance contract work
• Call out service operated

CUSTOMERS

• Predominantly domestic
• Some commercial work undertaken
• Servicing customer base throughout Kent and adjoining counties
• Work undertaken for national estate agents chain
• Website attracts additional business
• Exceptionally high repeat rate maintained
• Approximately 2500 names on the database

SUPPLIERS

• Consumables sourced from range of trade outlets, mainly Wolseley
• Accounts with main manufacturers
STAFF

• Vendor with limited involvement from spouse
• 4 qualified heating engineers used full time on a self employed basis
• Engineers have worked for the business for many years with exceptionally low rates of staff turnover

TRADING HOURS

• As contracts dictate

FINANCIALS

Turnover
2010 £240,319
2009 £237,631
2008 £267,071
2007 £209,138
2006 £228,527

• Adjusted net profit Circa £40,000 per annum
• Stock holding minimal

OVERHEADS

Heat & Light £2,298 pa
Staffing £110,000 pa

PREMISES AND EQUIPMENT

• Currently run from office at home close to Sittingbourne
• 2 sign written vans
• Quantity of tooling and equipment

STRENGTHS

• Well established
• Good reputation with excellent name locally
• Large and diverse quality customer base
• Location ensures potential access to large number of new clients
• Repeat work
• Vehicle fleet included within consideration price
• Experienced staffing complement
• Worcester Bosch provide on going supply of work

SCOPE

• Business development activity to attract additional customers
• Development of website with focus on search engine optimisation
• Expansion of customer base beyond existing geographical boundaries
• Focus on additional commercial contracts
• Ideal to be run as a family business

TENURE

• Currently run from home
• Fully re-locatable











DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).
   
  FOR SALE
   

REFERENCE:

1101ME / RightBiz
   
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ENQUIRIES:

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