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Turner Butler Business Broker

1/1Turner Butler Business Broker




Mechanical Services Group, Commercial, Industrial &Domestic, Gas and Heating Installations, Solar Thermal Systems,
Asbestos Removal & Legionella Control

This well established company is based in the Romford area of Essex. The business provides a range of heating and environmental solutions to both domestic and commercial customers.

The specialist services provided include central heating, plumbing services, gas work, water chlorination, non-licensed asbestos removal and legionella works.

The business is a member of Gas Safe and The Institute of Plumbing and offers customers a personal, fast and reliable service, with all work completed to a high standard of workmanship.
The company also benefits from registration with Constructionline, CHAS and EXOR.
The company is also ISO 9001 & ISO 14001 accredited.
MCS (microgeneration scheme accreditation) is also included to ensure clients are able to claim back renewable energy government grants (RHI- renewable heat incentive grants) when they are applicable for solar thermal installations.

With lucrative contracts in place across London and the South East, the business is highly competitive and professional. A high percentage of business is undertaken working directly for Local Authorities, Housing Associations and large constructors.

Enthusiastic staff are extremely knowledgeable and put these skills to work across all aspects of the services on offer, this dedication extends to working in a close and considerate fashion in residents homes and also in occupied premises.

An excellent service is provided at all times with key assets found in the established business relationships and established repeat customer base. The quality standard assures clients that whatever the problem, large or small, it will be taken care of quickly and efficiently.

Services:

• Central heating
• Boiler repair
• Boiler breakdown
• Radiator repair
• Heating engineer services
• Under floor heating
• Gas Services
• All aspects of plumbing work
• Asbestos Removal
• And much more
This is a one stop shop; clients can be assured that the team of engineers will provide a friendly and effective solution to all their needs.

Equipment:

The offices are fully equipped, as you would expect of a market leader, with Sage accounting software and a new software package by VIXEN to organise and administer all client work details. Client details are kept on a comprehensive database and this infrastructure enables employees to quickly respond to clients requirements.

The business has a well kept fleet of seven sign written vans and has all the tools and equipment you would expect for a business of this size and reputation.

Customer Service:

Central to the company success is its total commitment to quality of service and customer care, which is focused to a great extent on surpassing expectations at every stage. Working closely with clients from the moment they contact the business, customer satisfaction is a high priority, the primary aim is to develop a friendly understanding of what the customer requires.

The business is an excellent opportunity to invest in an established name with work from regular repeat client accounts and residential customers attracting high levels of recommendation and referrals.

Key Strengths:

The company has been developed in such a way that it can cater for the most demanding of clients. The infrastructure is in place including staff, facilities, knowledge, experience and accreditations. Because of this the company is able to offer a consistent high level of expert workmanship and has built up an impressive reputation on the back of this. The company enjoys exceptionally high levels of repeat business and referrals and has a very strong pipeline of future revenues with many contracts in place. It also has an excellent management structure and tried and tested internal policies.

Supplying extensive services the businesses reputation has gone from strength to strength.


Financial Information:

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

Turnover Year 2010/11 exceeds £2,000,000 the Projected Turnover for 2011/2 is circa £4,000,000 with projected Pre-tax Profits of in excess of £400,000



Property:
Leasehold

Expansion potential:
The business has enjoyed steady growth year on year both in terms of sales revenues and profitability. This trend is expected to continue such is the demand for its wide range of services. The business has many different revenue streams and a diverse client base that means it is ideally positioned for continued growth. A high percentage of work is achieved via referrals, repeat business and approved tender lists. With a more proactive sales and marketing function a new owner could significantly increase revenues and turnover within the business, both with existing and new clients.
Competition / Market:
The business advertises through all major directories, local press and generates new business from trade awareness and the finest form of marketing, word of mouth recommendation. In addition, all vans are sign written. These methods are used to maintain strong customer rapport to get that repeat business, valuing the customers and striving for the best in customer service and customer retention at minimal cost. The company has a professional website that showcases the company and its services perfectly.
Reasons for selling:
Following the sale of the business the owner wishes to concentrate on other business interests.
Trading hours:
Monday – Friday: 08.00 am – 17.00 pm
Employees:
The company employ a loyal team of highly trained staff, consisting of full time and part time staff and reliable sub-contracted engineers. The employees of the business are attentive, knowledgeable and helpful, advising customers of products best suited to their needs.
Support & training:
The vendor is happy to provide full support and training to the successful purchaser for a negotiated period of time.


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