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CONFIDENTIAL
FOR SALE
649054
This well-established plumbing business, located in the heart of London, boasts an impressive portfolio of reviews from Checkatrade and My Builder. These endorsements represent a significant investment in credibility that is difficult to match. Over the past four years, the business has successfully cultivated a loyal customer base, ensuring a steady stream of regular clients who rely on its exceptional service.
The potential for growth in this business remains vast. Its established reputation and strong community ties position it well to expand operations and increase revenue even further. Currently, the business enjoys a turnover of £120,000, with a healthy profit margin of £70,000, making it an attractive proposition for prospective buyers.
The plumbing industry is thriving in the area, particularly in the winter months when demand for services peaks. With minimal competition nearby, the business can capitalise on its established brand and exceptional customer service standards to attract new clients. This includes services such as home heating installation, radiator fitting, and comprehensive plumbing installations.
Key Business Features
Included in the sale are all stocks and materials necessary for ongoing operations. The new owner will also benefit from training opportunities provided by the current owner, ensuring a smooth transition and continuity of high service standards. Additionally, an established online presence enhances visibility and reach, appealing to an increasingly digital customer base.
Opportunity for Growth
In light of the current owner's plans to move abroad, this presents a unique chance for someone passionate about the plumbing trade to take over an already thriving business. Whether you are an experienced professional or looking to enter the industry, this opportunity offers both stability and potential for expansion. Interested parties are encouraged to reach out for further details, including the asking price for this freehold opportunity.
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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