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North East England Plumbing and Heating Engineering Firm for Sale, Expansion Potential

Undisclosed

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    16/05/24

  • Advert ID

    611411

  • Reference

    155649 / Rightbiz

  • Call Agent:

    Registered members »

  • Turnover: £823,000 (£15,827 Per week)
  • Net Profit: On request

Key Features

  • Offers Invited

Business Details

Plumbing and heating engineering company

The company provides a comprehensive range of plumbing, heating, and gas solutions.

Additionally, it offers a range of subscription packages available to both homeowners and landlords or property agents for regular maintenance and repair services.

The company has established a strong presence in North East England with excellent brand recognition owing to its high standard of work and customer service.

Offered for sale to facilitate further business growth under the impetus of new ownership.

Gas Safe and OFTEC registered.

The subscription service enables an easily scalable business model that can be further expanded across the UK or bolstered with complementary services.

Skilled and experienced workforce in place with second-tier management.

Established reputation with a strong local client base with high levels of repeat business and scope for upselling.

Presently in discussion with a prominent national property agency for further works, facilitating an ideal opportunity for national expansion.

Director willing to assist with handover period.

Operates from leasehold premises.

Turnover of over £823k achieved in YE23, with an EBITDA of over £265k in the same year.

Year-on-year growth since inception.

Multiple streams of reliable monthly recurring revenue generated from a subscription model, with excellent opportunities for cross-selling or up-selling to the existing wide-ranging client base.

Offers invited. 

Read more

Contact Agent

Contact the seller for more details, or book a viewing

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

Do not 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.

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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.

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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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 'Plumbing and heating engineering company - 155649 / 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.