Contract Heating Installation For Sale

Business description

Asking price £500,000 including Freehold
Should the freehold not be required the asking price will be adjusted to reflect the market value
Turnover for 2004-2005 circa £1.38 Million

Contract Heating Installation
Working mainly in the Public Sector
Established in 1981, this business prides itself on the precision workmanship it offers clients.

The business is ideally centrally located to service the North Wales Coast and beyond. Since inception it has grown in size, mainly working within the public sector but with a potential to capitalize within the major growth area of the domestic market.

Key assets are found in the business’s long-established relationships, well-defined customer base with high repeat business and its ability to serve clients with a high degree of flexibility. The business offers clients a excellent level of finished engineering work.

The business has invested in technology and employs a computerised administration system that is equipped with accounting packages and stock control.

Regular repeat business from a multitude of clients is testimony to the business’s unrivalled reputation for quality innovation and reliability.

The business ensures an excellent approach and line of communication with their clients at all times. Staff are flexible and adapt easily to industry trends and innovations. Furthermore the staff are meticulous in the manner in which the work is carried out, all the while ensuring that a personalised and professional service is provided at all times.

The business offers the investor an excellent opportunity to invest in an established name that prides itself on exemplary time management, work turn around, commitment and leading product range and the potential to grow and increase its turnover in a very short period through a sales and marketing drive and graphical expansion in to the public sector and domestic market.

Property information

Location:

The business is located in modern premises on a thriving industrial estate. There is parking available and the building has a unique entrance with a rolling door. There are facilities available for clients, such as a cloakroom and a lobby area. The ground floor consists of a large well equipped work shop and useful storage area.

Upstairs there is a single office for administration. The total area comprises of circa 1,000 square feet. There is an excellent telephone system throughout the premises.

The directors own the freehold of the premises, should this not be required the rent will be negotiated with the current vendor at the time of sale.

The premises are situated is a prime location in close proximity to the national motorway network giving easy access to the geographical region the business serves.

Other information

Expansion potential:

• Excellent opportunity to expand the geographic area its serves
• Scope to employ further staff
• Excellent opportunity to extend client base
• Scope to develop and create a company website
• Develop the sales and marketing

Competition / Market:

The business has built up its client base by word of mouth. A high proportion of the business’s revenue is due to the excellent standard of finished work it delivers to the customer.

Support & training:

The owner will provide support and training for the new owner for a negotiated period of time.

Reasons for selling:

Due to retirement our client has now decided to place the business for sale. However, he is willing to assist the purchaser in order to ensure an orderly handover of the business.

Trading hours:

Monday to Friday 8am to 5pm