Domestic And Commercial Plumbing & Heating Contractor For Sale

Business description

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.

Property information

Property:

Leasehold

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.

Location:

The business operates from a small office/administrative base in a secondary retail position amongst a small parade of shop. The business also has a storeroom/look up just a few yards away plus a small yard for storage with space for a skip for rubbish. There is also car parking on-site.
The premises are leasehold with three years remaining on the lease. Rent is £6,000 per annum. Rates are approximately £600 per annum.

Business Operation

Competition / Market:

This business spends very little on advertising, appearing in the local Yellow Pages. All of its transport is sign-written, helping maintain high levels of awareness throughout its areas of operation.

Reasons 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.

Years established:

1983

Other information

Support & 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.