Total of 18656 firms and businesses for sale today Saturday 27th April 2024
Sold. Fire Protection & Sprinkler System Installation Engineers
LISTING DETAILS
Firms For Sale ID:
29013
Vendor reference:
GK217
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£375,000
Turnover / revenue:
£682,000
Net profit / cashflow:
Undisclosed
Years established:
1991
Trading hours:
Office Monday – Friday: 0800-1730
Also has emergency response number 24/7 but very rarely is this facility needed
Number of employees:
12
OTHER DETAILS
Reason for selling:
The vendor has worked in the industry all his life and is now in a position of self sufficiency and wishes to spend more time with family and in his properties overseas.
Support and training:
The owner is happy to provide full business familiarisation and handover to ensure continuity of trading and a seamless transistion. He is also happy to stay on for a further period if so required subject to negotiation.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
BUSINESS DESCRIPTION
Fire Protection & Sprinkler System Installation Engineers LPCB Approved
Ref.GK217
Location Greater Manchester
Asking Price £ 375,000
Established some 20 years ago this highly respected and accredited company provides a comprehensive design, supply, installation and maintenance service to a range of customers who require automatic sprinkler systems in commerical, industrial and domestic buildings.
The company provides a complete turnkey solution to clients on a national scale. It has vast experience in all aspects of fire engineering and fire protection and can supply systems suitable for most environments, be it high hazard offshore installations, large retail developments right through to small retail units and even domestic buildings.
The company prides itself on the quality of its products, engineering knowledge and consistent delivery of services. This is illustrated through the accreditations the business holds and the fact that it is an approved supplier to a large number of M & E Contractors, many of whom are significant players in the industry operating on a national scale. Because of this the company has developed a very impressive base of blue chip customers, both directly and indirectly, who provide consistent levels of business in terms of new installations and ongoing maintenance and service contracts.
Expansion Potential
The business has regular revenue streams and a large customer base ripe for future development. Further investment and expansion would offer potential for the business to expand its operation further afield. The business does very little in the way of proactive sales and has a customer base with a huge estate that needs continual refurbishment and upgrading.
Ongoing growth of the maintenance offering as well as initial installation works are prime objectives. The fire protection market has experienced major growth over the last few years and this is expected to continue into the future with more and more legislation and directives being put in place with regards to sprinkler systems, insurance liability and health and safety. This business is perfectly positioned to develop these opportunities as they arise
Market / Competition / Non-Competition Agreements
The business has never felt the need to advertise preferring to rely on referrals, repeat business and word of mouth recommendations to generate revenues. As an approved supplier to various contractors and companies it has a steady stream of invitations to tender. It is also promoted through its accreditation with The Loss Prevention Council. The company also has its own basic website and corporate brochure it sends to potential clients