Business for sale

Business description

Established for over fourteen years, this business has grown to become one of the leading plumbing and drainage businesses in its area.

Very successful and profitable, this business covers all plumbing and drainage emergencies including surveys, drain relining, and remedial repairs – all out of the same vehicle, With a catchment area encompassing some of the most affluent and densely populated towns in West Surrey & North Hants and with excellent road links which enable the business’s technicians to travel speedily between appointments, this business has a wide range of loyal commercial Clients – including some of the biggest names in the UK and domestic customers, with turnover split almost equally between the two sectors.

This excellent business is built on a foundation of quality practices and management procedures. Working to a proven successful pricing formula, every job is priced before work starts with regular and accurate communication with the customer throughout, ensuring a high level of customer confidence and satisfaction. Such is the business’s superb reputation backed up by good local marketing, this business confidently expects to get 9 out of every 10 jobs it is called out to look at. Frequently customers will wait for this business to attend if it can’t attend immediately rather than use a competitor.
Contributing no less to the success of this business is the heavy investment in technology it has made to ensure every effort is made to offer the very best service possible, having extended its capabilities in response to its clients' specific requirements, and the growing demand for its services. All of the vans this business has on the road are fully equipped with all of the specialist equipment expected of such a major player in this marketplace including on-board high pressure water jetters, pipe freezing and CCTV equipment with other key plant including drain lining equipment also within its inventory. With very well trained operatives, skill levels are maintained at a very high level incorporating all the latest advances and procedures in both plumbing and drainage.
With all the procedures and processes in place, the technology, an existing loyal customer base and a marketing programme to generate new business on an on-going basis, this is an easy to run business. With turnover for the year ending November 2007 of £273,900 generating a gross profit of £168,200 and pre-tax net operating profits of £100,390 after Directors’ Salaries, it also represents an excellent acquisition opportunity for anyone looking for an established business within the plumbing and drainage sector or an existing operator looking to extend their coverage into the West Surrey and North Hants area.