CONFIDENTIAL SALE
FOR SALE
616887
156570 / Rightbiz
The company provides a comprehensive range of residential plumbing and heating services, including boiler installations, emergency heating repairs, pipework and drainage; it also offers new bathrooms, electrics and a selection of building maintenance, painting and decorating services.
For the last 20 years, the company has cultivated an outstanding reputation. The business has maintained exceptional ratings and reviews on platforms such as Checkatrade, Which? Trusted Trader, Trustpilot and Google, which generate a strong stream of referrals.
There is considerable scope for the company to capitalise on the growing demand for air conditioning and sustainable alternatives to traditional central heating through the expansion of its service areas. The company has trained heat pump installers and is fitting ASHPs to get ahead of this demand.
Our clients are offering the company for sale to facilitate lifestyle changes. Offers invited.
Key Highlights
- Database of 20,000 clients across South West London, with a further large portfolio of tenanted properties.
- Strong management team capable of overseeing operations on an ongoing basis.
- Operates from centrally located leasehold premises.
- CHAS accredited and registered with Gas Safe and F-Gas.
Financial Highlights
- YE24 turnover of circa £2.6m.
- YE24 gross profit in excess of £1.1m.
- 43% gross profit margin achieved in YE24.
- 13.6% turnover increase between YE23 and YE24.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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