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Kent-based Successful Heating Installation and Repair Business for Sale

Undisclosed, Kent

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    05/07/23

  • Advert ID

    516178

  • Reference

    B07356 / Rightbiz

  • Call Agent:

    Registered members »

  • Turnover: £944,680 (£18,167 Per week)
  • Net Profit: Not Applicable

Business Details

Successful heating installation and repair company

Business
Please quote reference B07356

Established in 2002, this company is a heating installation, service, and maintenance provider based in the Southeast. They primarily specialise in the service and maintenance of all types of LTHW systems (low temperature hot water systems) along with the installation of new boilers (commercial and domestic) pumps, heat interface units, and associated plant including service and warranty calls on behalf of Ideal Boilers.

Within this specialisation, the company has a wide range of clients who provide a consistent and steadily growing stream of business. This is because over their time in operation they have well and truly established themselves as a name that can be trusted thanks to their high standards of workmanship and customer service. As a result, the vast majority of the company’s trade comes via return business along with referrals from Ideal Boilers to clients outside of their warranty period.

From the perspective of a potential purchaser this business provides a wide range of advantages and opportunities. Some examples of such include the opportunity to expand the company territory to a national focus, the strong financial profile of the business and the solid foundation the company has built from which they can expand the scope of services offered.

Highlights -

  • Heating installation, service, and maintenance company.
  • Agent of Ideal Boilers (Commercial and Domestic)
  • Experienced and skilled staff.
  • Ample scope for growth with the existing client base
  • Loyal customer base.
  • High rate of return customers.
  • Excellent reputation amongst clients.
Opportunities -

  • Expanded list of services.
  • Consistently buoyant market.
  • Primed for growth.
  • Chance to go national.


Location
Located in the Southeast of England.



Premises
Trading from a rented premises. 



Tenure
Leasehold basis



Hours
Due to the nature of the business, it operates all year round. 



Staff
Further information can be made available upon request. 



Financial Profile
Turnover IRO - £910k in 2023.

  • 100% share capital.
  • Interested parties will be required to sign an NDA.


Read more

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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.

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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.'.

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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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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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