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Oil boiler service and repair business for sale in Launceston Cornwall with 700 clients

Launceston, Cornwall

CONFIDENTIAL

  • Status

    FOR SALE

  • Advert ID

    650011

  • Asking Price: £80,000
  • Turnover: £110,000 (£2,115 per week)
  • Profit: On request

Key Features

  • Heating and plumbing services
  • Customer loyalty and retention
  • Customer trust and satisfaction
  • Strong annual turnover and profit

Business Details

Oil boiler service and repair business

We are pleased to present the opportunity to acquire a well-established oil-fired boiler servicing and repair business located in North Cornwall. With a successful track record spanning 25 years, this business has built a loyal customer base of approximately 700 regular clients, predominantly within a 10-mile radius of the office. The annual turnover stands at around £110,000, complemented by a stock valuation of about £25,000.

The business operates on a foundation of regular servicing work through an annual planned maintenance system. This reliable income stream not only serves the current customers but also provides a very realistic opportunity to expand by offering boiler replacements and upgrading heating systems. With a subcontractor available for four days a week, the new owner can seamlessly manage heating upgrades and replace aging oil boilers, all while maintaining the loyalty of existing customers. Currently, the work profile consists of 75% servicing and 25% repairs and breakdowns.

Comprehensive Support for a Smooth Transition

The business sale includes extensive support to ensure a smooth transition for new owners. This comprises comprehensive training and a handover period, along with access to office and workshop facilities for six months. Should additional technical help be required, ongoing support is available, including free telephone advice and negotiable services for other work in advance. Office cover will also be provided to facilitate an efficient takeover, albeit for a salary that can be negotiated during the handover period.

A Perfect Opportunity

This business represents an ideal lifestyle choice for individuals looking to relocate to Cornwall or Devon, as well as a strong growth opportunity for those wishing to expand an existing heating business. The asking price for this valuable venture is £80,000, which includes all stocks and inventory.

Highlights of the Business

  • Reputable heating and plumbing services
  • Proven customer loyalty and retention
  • High levels of customer trust and satisfaction
  • Strong annual turnover alongside profitable operations
  • Remarkable customer service record and reputation
  • Robust future work pipeline promises continued growth
  • Significant turnover growth potential
  • Effective word-of-mouth marketing strategy
  • Training and support included for new owners
  • Complete inventory valuation included in the sale

For interested buyers, we invite serious enquiries only. Take this opportunity to step into a thriving business with a strong foundation and a promising future.

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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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