Plumbing And Heating Engineers For Sale

Business description

The business was started by its present director in 1998 and has predominantly focused its energy on acquiring sub contract commercial and industrial work. A whole range of plumbing and heating installation work is carried out for an assortment of clients, many of whom are involved in new build or refurbishment work for large national chains and blue chip companies.

Equipment:


Apart from the pre-requiste hand tools and equipment the company operates a lean supply system with all necessary goods and components being delivered to site by the supplier. To this end the company has well established accounts with a number of national plumbers merchants.

Customer Service:

One of the main reasons for the success of this business is attitude of mind and a ‘can do’ approach to client requests. Flexibility is the key word and the business will operate at nights and weekends to fulfil contractual requirements. This approach combined with competitive pricing has lead to excellent working relations with the key clients and a steady demand for their services.

Key Strengths:

• Consistent growth
• Profitable
• Minimal overheads
• Flexibility
• Quality client base

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 company enjoys a turnover of around £370,000 and makes a gross profit of circa £160,000. pre tax profits are circa £70,000 All figures will be made available for discussion with the company’s accountant on request.

Property information

Location:

Run from Home the Business will need to be relocated

Other information

Expansion potential:

Should the purchaser wish to expand the business there is a significant national opportunity to carry out additional work for the existing customer base. At present the company only works across South Wales and the South West and this geographical area could certainly be expanded .

Competition / Market:

No advertising and marketing is currently undertaken, a high percentage of work is gained from word of mouth recommendation. Investment in promoting the business could attract additional work and improve profitability.

Support & training:

There will be a full and professional handover for a period of time to be agreed as part of the overall negotiations.

Reasons for selling:

The director has decided to emigrate.