Total of 18659 firms and businesses for sale today Saturday 11th May 2024
Sold. Independent Drain Cleaning And Repair Specialist
LISTING DETAILS
Firms For Sale ID:
29228
Vendor reference:
GC094
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Commercial property:
Asking price:
£170,000
Turnover / revenue:
£93,000
Net profit / cashflow:
£60,000
Years established:
25
Number of employees:
3
OTHER DETAILS
Reason for selling:
Having been involved in the industry throughout his career and having run this business for over twenty five, the current Owner believes the time is right to pass the business on to new Owners to build upon the excellent foundations already laid.
Support and training:
The current Owner will provide a full handover and whatever assistance is required to ensure a smooth transfer of the business to new Owners.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
BUSINESS DESCRIPTION
Expansion Potential
With a strong demand for the services of the business coupled with a capacity to increase turnover, a new owner contributing enthusiasm, outside influence, fresh ideas and investment in resources will have every opportunity of building on an excellent base.
Currently working at or near to capacity with its current staffing resources, this business is frequently in the enviable position of turning down work, particularly during evenings and weekends. As a result, the business would have little or no difficulty in providing work for additional technicians, particularly if supported by additional marketing efforts aimed at Insurance companies or if it were to provide 24 hour emergency cover, for example.