Featured Brokers
CONFIDENTIAL
FOR SALE
653913
GJ040 / Rightbiz
35 Year Established Ventilation, Air Conditioning and Plumbing Repair Business
CONFIDENTIALLY OFFERED FOR SALE
Location: Surrey
Asking Price: £295,000 plus NAV
Business Highlights
Turnover : £507,000
Net Profit : £96,000
Asking Price Includes :
35 years plus successful trading.
Consistent year on year organic growth.
Zero marketing spend.
Historical local council and school referrals.
Introduction:
Turner Butler has been appointed to invite offers of purchase of the issued share
capital of this long time established reputable ventilation, air conditioning and plumbing repair business. Operating for over 35 years and working closely with local authorities.
Business Profile:
All business is introduced directly from long time established local authority and school clients. The company installs, services, maintains and repairs ventilation and air conditioning systems. They also offer a plumbing installation and repair service. They employ 4 technicians and also use sub-contractors.
Customer Service:
The company has prided itself on exemplary customer service. This is borne out by continual, long-term repeat business orders and contracts.
The Opportunity:
The goodwill in the business is being offered for sale on a going concern basis. All financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.
Asking Price:
The asking price of £295,000 plus net assets (mainly net debtors) is for 100% of the issued share capital of the company. Calculated on a zero cash-zero debt basis at completion.
Reason for Sale:
Retirement.
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
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