GD068-Plumbing and Heating Contractors with Maintenance Contracts
Advert ref: #2623
Category: Engineering -> Other Technical Services
Location: England -> Yorkshire & Humberside
Category: Engineering -> Other Technical Services
Location: England -> Yorkshire & Humberside
Business for sale
Asking Price:
£275,000
Turnover:
£592,000
Annual profit:
100k to 149k
Audited accounts:
Yes
Management accounts:
Yes
Years trading:
11
Employees:
No
Photos:
No
Ownership:
Limited company
Business description
This is an excellent opportunity to purchase a growing Corgi registered business, which is the largest plumbing and heating engineers in their local area..The business was established by the vendor in 2001 and became a Ltd company in 2003. In this time they have become well known and have earned a reputation for high quality workmanship and trustworthy proffessional staff. There is now a database of regular repeat customers including estate agents, local council work and local housing associations, which give a certain amount of economic safety.The company’s aim is to provide a first class service with oustanding attention to detail and full maintenance support for all types of domestic and commercial plumbing and heating systems. They can fulfill all types of jobs from the smallest repair to the largest of commercial new fit projects. Most jobs are carried out within the local area but the company goes further afield on a number of commercial projects.
The company are forever upgrading their business model and circa twelve months ago they introduced low cost maintenance contracts for their clients. These have proved very popular and have seen an excellent take up, proving to be a huge success with their clients and making significant improvements to the company’s profits and cashflow. .
The business runs with a small, but highly skilled and experienced full time staff. All building, tiling and electrical work are carried out by a well trusted team of sub contractors.
The business is profitable with low overheads, easy to run and has grown consistently over the past seven years.There is an excellent opportunity to grow the business further for new owners, simply by building on the successful formula that the owner and his team have put together.
