Leading Plumbing & Heating Business For sale

Business description

Established in 1969 and under present ownership since 2006, this business specialises in the provision of the full range of high quality plumbing and heating to the private customers, with a little contract work from local builders.

Known for being professional but perhaps more importantly competitive in price, as would be expected from an independent, not tied to any particular trading relationships, this business sources and supplies from a wide range of manufacturers on behalf of its loyal and satisfied customer base. This business is particularly known throughout the trade for its excellent product knowledge.

A high percent of the turnover this business enjoys comes from repeat business and word of mouth recommendation.

With its current size, outstanding reputation and constant commitment to quality and excellence, this business offers excellent potential and great opportunities to expand upon its loyal Client base. With a good reputation, excellent product range, high levels of customer service and turnover for the last financial year of £250,000, and performance set to be replicated this year, generating a gross profit of over £57,000, this is an excellent opportunity to acquire a very well established, leading, independent, plumbing and heating supplier.

Property information

Location:

The business operates from leasehold premises with six years remaining on the existing nine-year lease. Annual rent is charged at £5,500 with rates charged additionally at £571 per annum including water.

The property itself consists of an office and storeroom, plus an outside store area.

Other information

Expansion potential:

There is an outstanding opportunity to build on the existing business levels and customer base of this company. With a strong demand for this business's services a new owner contributing fresh ideas and investment could increase the current turnover and profit.

Whilst this business has carved itself an excellent niche in the market primarily servicing the private trade, a more pro-active approach to sales and marketing with the possibility of embarking into Internet sale and expanding more into the new build and trade sector.

Competition / Market:

The business currently advertises through the phone book and parish magazines. The business enjoys a high level of repeat business and the most effective form of marketing, word of mouth recommendation, testimony to the excellent reputation this business has for competitive pricing, customer service, product knowledge and technical expertise.

Support & training:

Full support and training will be provided to the successful purchaser.

Reasons for selling:

The current owner is selling the business de to family commitments.