Property Maintenance Company Plumbing Heating Drainage Roofing Guttering For Sale

Business description

Property Maintenance Company Plumbing, heating, drainage, roofing, guttering and emergency services for the domestic and commercial sector Together with Plumbers Merchants & Bathroom Showroom

Retirement sale of a most successful and profitable firm of Property Maintenance Contractors.

Established over 35 years, the business offers a full range of domestic and commercial plumbing, heating, drainage, roofing, guttering and emergency plumbing work, together with all types of property maintenance and renovation work, employing electricians, plasterers, tilers and decorators.

The firm also operates a profitable plumbers merchants & large bathroom showroom with trade counter based at the head office.

Services

Along with the services previously mentioned the business are specialists in insurance claims, processing claims on behalf of clients. The business also specialise in height work, with skilled operatives providing all types of inspection, maintenance and repair work, working with full safety regulation knowledge and requirements in place.

Equipment

A well maintained fleet of 23 vans, its own Cherry Picker plus all the tools and equipment are in place, that would be expected for a company of this calibre are included in the sale.

Clients

The business has many established contracts in place including businesses, local government, schools, care homes, hotels and churches plus extensive domestic work, ensuring regular repeat business, with no undue reliance on any single customer account.

Quality Assurance:

Working and up to date with all health and safety regulations, this commitment to quality service standards reflects the market position of the company.

Customer Service:

Highly successful the business thrives for a number of good commercial reasons. Firstly and foremost it offers a broad range of professional services plus exceptional customer service from a friendly and skilled team.

Key Strengths:

The company is operated by a motivated and experienced management team, with well trained, qualified and loyal employees. A broad spread of contract and private clients generate significant levels of recurring revenues, an excellent record of profitability, exhibiting a strong financial position and attractive returns. A combination of skills and services, together with considerable professional experience has proved a successful way of maintaining growth and profits.

Key Opportunities:

This is a rare opportunity to acquire a business that has considerable opportunities and capacity for further growth. In particular, the business is ideally positioned to benefit from market expansion, further investment would offer potential for the business to expand into another site and acquire an even larger slice of the market share.

The sale of this business presents a rare opportunity to acquire an extremely well organised and highly successful and profitable business.

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.

The business is financially stable with low overheads, positive cash flow, high gross and high net profit and has shown consistent growth over the years. Current turnover exceeds £3,000,000 per annum with pre tax profits of circa £430,000.

Property information

Property:

Leasehold

Location:

The premises comprise of substantial retail units with trade counter, office space, large showroom and storage.

The vendor owns the freehold of the property and will offer the premises on a leasehold basis to the new owner, to be agreed by both parties at the time of sale.

Alternatively, the freehold could be made available by separate negotiation.

Business Operation

Competition / Market:

The unrivalled reputation of the business ensures that its services are recognised by many commercial and private individuals with a high percentage of revenue being achieved through word of mouth recommendation. The business has a company website that provides information on the business and its wide range of services and products.

Reasons for selling:

After thirty happy, prosperous years in this business, the owners now wish to retire.

Employees:

The company has a skilled and professional workforce of more than 46 staff including in excess of twenty engineers who are all gas safe registered.

Years established:

1975

Other information

Support & training:

The current owners will provide all necessary training and all relevant contacts to allow continuity of trading.