Total of 18659 firms and businesses for sale today Saturday 11th May 2024
Sold. Domestic And Commercial Plumbing & Heating Contractor
LISTING DETAILS
Firms For Sale ID:
24257
Vendor reference:
GD056
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£150,000
Turnover / revenue:
£375,000
Net profit / cashflow:
Undisclosed
Years established:
28
Number of employees:
6
OTHER DETAILS
Reason for selling:
Having been involved in plumbing and heating since school and built this business up to its current scale, the owner is considering the possibilities of pursuing other business interests.
Support and training:
The owner will assist fully with hand-over and training to ensure a smooth transfer of the business, even to the extent of considering an on-going part-time role within the new Owner’s organization, if appropriate and subject to negotiation.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The premises are leasehold with three years remaining on the lease. Rent is £6,000 per annum. Rates are approximately £600 per annum
BUSINESS DESCRIPTION
Domestic and Commercial Plumbing & Heating Contractor
Ref.GD056
Location East Sussex
Asking Price £ 150,000
Formed by the current owner, this business was established in 1983 and not surprisingly with twenty five years of successful operation has developed a loyal, wide ranging Client base. Working primarily within Sussex, Surrey and parts of Kent, this is a second to none one-stop solution for plumbing and heating services. Comfortable with both plumbing and gas works – with CORGI registered staff, this business covers the full scope of works, from replacing a tap washer right through to a complete fit out of a house, factory or office block.
Having originally established itself within the domestic arena, the turnover of this business is now roughly split two thirds domestic and one third, commercial or corporate work. It has a regular book of service, maintenance, remedial and refurbishment works involving a number of nursing homes as well as office blocks and factories working on behalf of several firm of national managing agents. This business also works within its catchment area as a service agent on ‘in guarantee work’ for certain equipment manufacturers.
This business has a well-established reputation within the local area for honesty, reliability and integrity. It is a very conscientious organisation providing an excellent, prompt, quality service at very competitive rates. As a result a very large proportion, thought to be in the region of 70% - of work arises from excellent referrals and recommendations from satisfied Clients – clear testament to the standard of work and reliability of the business.