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Asking Price$300,850
Revenue$710,210 Established1971
Cash FlowUndisclosed Employees6 full, 0 part
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableYes
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Commercial/Domestic Plumbing, Heating & Laboratory Gas Installation  IPHE Membership Gas Safe Registered
Ref. GD112
Location : Cheshire/Relocatable
Asking Price : £225,000
A rare opportunity to acquire a profitable market leading company with a desirable client base. This plumbing and heating engineering company has been established for over 45 years. During this time it has built up a sterling reputation within both  the commercial and domestic markets it serves (majority being commercial/industrial). This family run business  has grown year on year and developed into a solid and reliable concern based on reputation, quality of work and trust.
Staff are paramount to the success of any business and this business is no different. Staff are actively encouraged to take on training and all relevant personnel carry the necessary qualifications to carry out their roles and offer the following comprehensive services to the building services market:
• Plumbing
• Heating
• Water Disinfection (Chlorination)
• Specialist Gases (helium, oxygen, compressed air, vacuum lines, etc.)
• Installation of Chemical Waste Drainage
With jobs ranging from £50 to £250,000 the company successfully operates throughout Cheshire and Manchester, as well as extending into Lancashire, Merseyside, Staffordshire & Derbyshire.
Due to the service levels the business provides it has built up a very impressive account base, including many large blue chip organisations within both the public and private sector. It can boast some 100 regular customers.
The company is fully conversant with all current legislation and guidelines relating to health and safety and has its own strict policy document that it adheres to at all times. This is further backed up by the company’s impressive range of accreditations and registrations that ensure a high quality of service and treatment, both for customers and employees. This is particularly relevant to the specialist gas installations.
Facilities:The business is run from a home office environment. It is fully relocatable.
Competition:The business has never felt the need to advertise a great deal in the past. It has previously undertaken a small amount of radio advertising and has standard listings in the local directories. There are excellent opportunities to increase this in line with a new sales and marketing push which would reap immediate rewards in existing and new market sectors. A high proportion of the business s revenue has been due to its excellent reputation for quality and service and strong word of mouth recommendation and this is expected to continue. It is also on a number of approved tender lists, both private and public (schools), within the geographical area it serves and this ensures a consistent flow of business through the company. It does have a well-designed informative website that could be further developed in line with new marketing strategies.
Growth Potential:The business has enjoyed consistent sales revenues and profitability over recent years. This trend is expected to increase such is the demand for its unique blend of services and the pick-up in its sector. The business has many different revenue streams and a diverse client base that means it is ideally positioned for continued growth. The company has never felt the need to actively market the company as most of its work comes via referrals, repeat business and approved tender lists. With a more proactive sales and marketing function a new owner could significantly increase revenues and turnover within the business, both with existing and new clients.
Training/Support:The owner will provide full business familiarisation, training and handover to ensure a smooth transition of the business to new owners. He is also prepared to stay on as a consultant should a new owner so require, subject to negotiation.
Sale Reason:The vendor is planning his exit strategy/early retirement to enjoy the fruits of his labour.
Ad #81296
Seller Reference #GD112
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Contact This Seller
Turner Butler
0044 1895256000
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