Total of 18657 firms and businesses for sale today Thursday 28th March 2024
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Sold. Plumbing, Heating, Property Maintenance & Building Company

LISTING DETAILS
Firms For Sale ID:
34650
Vendor reference:
GD114
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£350,000  
Turnover / revenue:
£1,100,000
Net profit / cashflow:
Undisclosed
Years established:
29
Number of employees:
12
Employees / staffing:
The vendor chooses to work in the business on a day to day basis but is not essential to the day to day performance. The business has also put in place an excellent team who are able to manage and run the business with a minimum level of supervision. Employees include: 3x Full time Office staff 3x Full time Plumbers/Builders 6x Full time contractors The business appreciates that its staff are real assets. They are fully conversant with the latest products and installation techniques, not to mention Health and Safety and on site legislation requirements and manage these factors on a day to day basis.

OTHER DETAILS
Reason for selling:
Retirement.
Support and training:
The vendor is happy to provide a comprehensive handover to ensure a smooth seamless transition.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The business is managed from Leasehold premises (owned by the vendors) consisting of offices of circa 2,000 square feet, on one floor and externally, a storage yard adjacent. The premises are situated on a busy trunk road with easy and ready access to London and the West. Rent: c GBP 2,750 p.a. Rates: c GBP 17,000 p.a. The business also benefits from 9 x Sign Written vehicles, 5 owned, 4 leased.
 
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BUSINESS DESCRIPTION
Plumbing, Heating, Property Maintenance & Building Company
Ref. GD114
Location : West London
Asking Price : GBP 350,000
Established in 1988, this significant business specialises in two key areas of trading: Plumbing & Heating installation and Property Maintenance and provides its services to domestic customers all over West London and the Home Counties. The business has traded since its establishment as a Heating & Plumbing business and acquired a Property Maintenance Company some years ago, as a way of widening the business expertise and increasing access to new areas of trading.

This is a family run company which takes enormous pride in its personal service, attention to detail, quality and professionalism, ensuring that the highest standards are maintained throughout the entire duration of a customers project from introduction & enquiry through to completion.

Services are flexibly offered and full design and installation work can be carried out or partial and managed work according to the needs or wants of each individual customer. The business manages approximately 125 large and small jobs in any given week.

Expansion Potential
The business currently operates on a local scale (10 miles radius) but there is no reason why it cannot further develop its presence in the region and beyond should a new owner so require.

There is always a strong demand from domestic customers for this companys superior service levels. There are also good opportunities to branch out further into the commercial sector should a new owner so wish. The housing sector is strong at present and large housing developments in the area are under construction and planned for the future. This business is ideally positioned to service this growing market moving forward as it already has the connections, accreditations and approvals in place and could be scaled up to exploit the many opportunities at its disposal.