Featured Brokers
CONFIDENTIAL
FOR SALE
647465
156570 / Rightbiz
The company provides a comprehensive range of residential plumbing and heating services, including boiler installations, emergency heating repairs, and pipework and drainage services. It also offers new bathrooms, electrics, and a selection of building maintenance services, as well as minor building works, painting, and decorating. Customers often request wider tradesman referrals, which is a market the shareholders intend to grow by utilising their subcontractor network and by bringing more trades in-house.
For the last 24 years, the company has cultivated an outstanding reputation. The business has consistently maintained exceptional ratings and reviews across all major platforms, including Checkatrade and Which? Trusted Trader, Trustpilot and Google. These emphasise the company’s quality and reliability, generating a strong stream of referrals. The company is the most widely reviewed plumbing company in this part of London.
There is considerable scope for the company to capitalise on the growing demand for air conditioning and sustainable alternatives to traditional central heating with the adoption or air source heat pumps. The company has trained heat pump installers and is already installing ASHPs to meet this demand. The company is also F-gas qualified, allowing it to service air conditioning units, making it ideal for London lofts and kitchen extensions.
Offers invited to purchase a well-established business and get involved in heat pumps with what is set to be an exciting, government-backed, fast-growing part of the renewables and low-carbon economy. Possible synergies with firms already installing solar PV, allowing customers to become energy independent with complete control of their own power.
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.
- In excess of 12,000 validated email addresses used for monthly marketing newsletters. Generating a steady stream of high-quality enquiries for all types of work from repeat customers.
Financial Highlights
- YE26 turnover of £3.2m, with an adjusted EBITDA of £473k.
- 42% gross profit margin achieved in YE26.
- 57% turnover increase between YE21 and YE26.
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
Get Solicitor
The data showed regarding this advert 'Plumbing and heating Services provider - 156570 / 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.