Profitable Heating Maintenance And Servicing Business For Sale

Business description

HISTORY

• Business started by vendor 4 years ago
• Business evolved out of a dissolved partnership that existed for 8.5 years

PRODUCTS

• Total heating maintenance and servicing with some connection work

CUSTOMERS

• Customer base comprises 95% commercial and 5% domestic
• Covering Leicester and Leicestershire area
• Main customers are 2 letting agents and 2 smaller letting agents, Leicester colleges and Freemans Common
• Work for insurance companies undertaken
• Gas servicing including domestic connections

STOCKS

• Nominal at £2,298

FINANCIALS

2010
Turnover £147,998
Gross Profit £103,638
Net profit pre tax £73,669
Shareholder fund £30,666

STRENGTHS

• Reputation
• Superb customer base
• Trading name
• Specialist knowledge

TENURE

• Re-locatable

VIEWINGS

• A non disclosure agreement will have to be signed and returned prior to any further information and viewing

DISCLAIMER: Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through broker. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).

Property information

Property:

Leasehold

Lease terms:

Re-locatable

Location:

Currently trading from a private address in Leicestershire. Fully re-locatable within the Leicestershire or South Nottinghamshire area.

Premises details:

Run from private premises

Business Operation

Expansion potential:

The vendor has taken the business as far as a single trader can, however a larger company could exploit the significant growth potential by:

• Further developing customer base
• Possible addition of website
• Employing staff to grow business

Reasons for selling:

Vendor’s medical problem with knee is forcing reluctant sale of the business

Trading hours:

24 / 7

Employees:

Vendor only

Years established:

4

Other information

Support & training:

OFFER FROM VENDOR • To sell business 100% - willing to work for a new owner to manage present customer base • To sell a percentage share of business - continue to be a partner • To sell business 100% to larger company wishing to expand into present area. Again, vendor would be willing to work for a new owner to manage present customer base

Related documents:

• 
• 9752LE Sales Particulars