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Water Service Business - Efficient & Competitive Service For Sale

Barnstaple, Devon
Asking Price:
£192,000
Sales Revenue:
£365,912
Cash Flow:
Available on request

Business
Hilton Smythe welcomes to the market Follaton Water Services Ltd.
Follaton Water Services Ltd started trading in 1989 and is only now being offered to the market due to our client’s desire to take a well-deserved retirement.
Originally the business started as a partnership and later as a Ltd Company (April 2004), just drilling and lining boreholes.
Over the years the business expanded to include the supply and installation of pumps and pressurised systems, PH correction and Ultra Violet filtration.
In more recent years they have been able to provide Iron and Manganese removal, dirty water filters and water softeners.
Follaton Water Services are now able to provide a pump cleaning service as well.
Follaton Water Services pride themselves on their excellent customer care with a friendly, efficient and competitive service covering the South West and following areas, Devon, Cornwall, Somerset, Dorset, Bristol & Avon
Follaton Water Services include:
• Filtration
• Iron / Manganese Removal
• Dirty Water Filters
• PH Correction
• UV Filters
• Water Softeners
• Nitrate Filters
• Reverse Osmosis
• Sediment Filters
• Supply / Installation of Pumps
• Supply / installation of Pressurised Systems
Location
Follaton Water Services Ltd is located in Bratton Fleming, Barnstaple, Bratton Fleming is a large village, civil parish and former manor near Barnstaple, in Devon, England. The population 928 in 2011.
The business it situated just off Grange Hill on the road that leads straight into Barnstaple town.
Premises
Warehouse
A very generously proportioned 1000 sq ft warehouse with high ceilings and concrete flooring, with an office situated on the ground floor.
Equipment-
• Two vans 64 plate and 17 , the vans are both T32 4-Motion Highline LWB VW Transporters
• Full Water Services tools (full list on request)
Tenure
We are advised the business is being sold as a Leasehold.
Rolling Lease
Rent: £6000 per annum.
No Business Rates
Flexibility of landlord to renew
Hours
Monday 8:30 am – 5.00 pm
Tuesday 8:30 am – 5.00 pm
Wednesday 8:30 am – 5.00 pm
Thursday 8:30 am – 5.00 pm
Friday 8:30 am – 5.00 pm
Saturday Closed
Sunday Closed
Staff
The business in run and managed by our client with the help of one full time office member of staff along with 3 full time engineers.
Financial Profile
Follaton Water Services Ltd generated an advised turnover of circa £360,000.

Property information

Property:

Leasehold

Contact Information

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  1. What will happen?

    We will pass a copy of your enquiry information, along with the name of the business you enquired on to finance specialists Rangewell. They will contact you in due course about financing your business purchase.

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