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Asking Price$74,685
Revenue$470,974 Established2001
Cash Flow$91,451 Employees2 full, 2 part
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableYes
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Domestic/Light Commercial Plumbing & Heating Engineering Business
Ref. GD098
Location : Lancashire/Greater Manchester
Asking Price : £49000
Asking price includes:

Turnover circa £309,000 per annum
Gross Profit circa £94,000 per annum
Adjusted EBITDA/Operating Profits (pre director drawings) circa £60,000 p.a.
Tangible Assets circa £14,500
Over 14 years successful trading
Low overheads
All plant and equipment
Gas Safe Registered
2 company vans
This well managed business was set up by the current vendor some 14 years ago and has established itself as a highly reputable and trustworthy business providing a combination of services to the domestic and light commercial markets in the region it serves. The business is fully certified to carry out works on water mains and has gas safe accreditation so is able to provide a complete turnkey solution to its clients providing a comprehensive range of plumbing and heating services.
The company provides services to both the domestic and commercial markets and as such has a broad and diverse client base.  . Typical clients include insurance companies, , house-builders, private businesses and private individuals.and the business operates locally and nationally
The majority of its work is now commercial but it also does domestic and a lot of this work is insurance driven. The business has also worked on new build dwellings on a commercial basis as well as hotels, bakeries and other private businesses.  The business enjoys very high levels of repeat business and has a loyal customer base due to the quality of its customer service. Long serving staff are employed who are highly knowledgeable and experienced.
Facilities:The business operated from rented premises. It could easily be relocated if need be. The business is based on an old industrial estate and has circa 2000 square feet of space including offices, kitchen, toilets and stores. Rent and rates are circa £2,600 per annum.
Competition:Existing customers are the best advertisement for the business with word of mouth recommendations consistently generating new work. The business undertakes no advertising or marketing such is the consistent levels of business it enjoys. A new owner could certainly increase this to help grow the business.
Training/Support:The current owner would be happy to provide a comprehensive handover.
Sale Reason:Genuine retirement sale
Ad #59765
Seller Reference #GD098
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Contact This Seller
Turner Butler
0044 1895256000
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