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Reliable Central Heating & Hot Water Business in Nottinghamshire For Sale

Nottingham, Nottinghamshire
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Pump Services. 62 yrs Established. Central Heating & Hot Water Business, Nottinghamshire 'For Sale' Photo 1
Pump Services. 62 yrs Established. Central Heating & Hot Water Business, Nottinghamshire 'For Sale' Photo 2
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Pump Services. 62 yrs Established. Central Heating & Hot Water Business, Nottinghamshire 'For Sale'Pump Services. 62 yrs Established. Central Heating & Hot Water Business, Nottinghamshire 'For Sale'
  • Asking Price: £190,000 (Stock at valuation)
  • Turnover: £348,000 (£6,692 per week)
  • Profit: On request

Key Features

  • Established Business
  • Offers Invited
  • High Turnover
  • Retirement Sale

Business Details

Pump Services. 62 yrs Established. Central Heating & Hot Water Business, Nottinghamshire 'For Sale'

Established & Reputable, Central Heating & Hot Water Business 'For Sale'

‘FOR SALE’ AS A GOING CONCERN. Established over 62 years.

Boasting a healthy database of over 2000 customers, Pump Services is at the forefront of customers minds for annual servicing, system upgrades and any future work required. The business has a strong financial history and achieves organic growth. The owners pride themselves on their old-fashioned service. This has resulted in a reputation for reliability, quality work and excellent service, and a large, solid customer base. 

Pump Services lends itself to either a qualified plumber wishing to run their own rewarding business, or as a ‘bolt-on’ to an existing business who is looking to expand their client base or move into the Nottinghamshire area. Pump Services is currently based in Gedling, Nottingham. However, the business could be run from home or existing offices should the new owner not wish to take on the existing premises.

Key Information:
Turnover: Consistent turnover in years 2023 & 2024 of £348,000.
Staff: 3 full time staff on the tools, 1 full time Admin, plus 1 part time reacting to call outs and estimated jobs. The 3 full-time, long-term team members will stay with the business. 1 of these team members is willing to step into the admin role (which is currently held by one of the vendors).
Vehicles: 3 liveried vans included in the sale (4-5 years old).
Premises: The business only requires a small office space plus some storage space. Optional leased premises are available. New lease with approx rent £650-£700pcm. 

Genuine retirement sale.
 

For the full sale particulars please complete the enquiry form.

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THIS BUSINESS HAS BEEN SOLD

This business has now been sold. We are currently awaiting final confirmation from the seller or their agent. Please check back soon for updates.

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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