Business For Sale

Commercial Plumbing & Heating Business Gas Safe Registered


Ref: GD111
Location: Staffordshire/Cheshire Border (Fully relocatable), England
Asking Price: £80,000
Annual Turnover: £143,000

Annual Net Profit: £90,000
Gross Profit: £98,000
EBITDA: Not Set
Premises Type: Not Included

Business Description

Business Profile

This well managed business was set up by the current vendor some 24 years ago and has established itself as a highly reputable and trustworthy business providing a combination of plumbing services to the commercial market in and around the Staffordshire/Cheshire region. The business is fully certified to carry out works on site 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 primarily to the commercial market (approx. 85%) and has a very impressive regular customer base. Clients are typically based within a 40 mile radius but the business does offer services to some clients further afield is so required. Typical clients include large construction companies and their specialist M & E (Mechanical and Electrical) divisions, Building Consultants who list this business on their approved supplier lists as well as schools and colleges in the region.

The business has worked on some large high profile projects and continually has the opportunity to bid for works that would double (if not treble) its current turnover. The business enjoys very high levels of repeat business and has a loyal customer base due to the quality of its customer service. It is known to be a “perfectionist” hence its high levels of customer retention.

Customer Service:

As a Gas Safe registered company this business provides high quality work that meets all the necessary health and safety standards. It has a very good safety records and its customers enjoy superb levels of services. This is reflected in the high number of referrals the business enjoys.

Key Strengths:

The strengths of this company include its accreditations, reputation, product knowledge, and its technical expertise. It is able to provide clients a turnkey solution. Because of this it benefits from being on the approved tender lists for various organisations in the region including building consultancies, large construction companies and end users.

The range of services supplied by this business offers the ultimate in quality, design flexibility plus affordability and attention to detail. The business has earned and maintained an impressive base of satisfied clients.

Key Opportunities:

Approximately 85% of current work is commercial. The vendor has to date been selective in the business he has bid for and taken on, particularly over the last 2 years. There is huge scope to grow the business both with existing customers and targeting new clients within the region.

Growth and Expansion

The business has had regular revenue streams to date. Further investment and expansion would offer potential for the business to expand its operation further with a more proactive approach to sales. The vendor has never really looked for work and concentrates on his core client base. Many of these clients have large plumbing and heating requirements (both projects and existing site maintenance) that can run into hundreds of thousands of pounds but the vendor does not chase the larger projects through choice. A new owner with larger infrastructure could certainly tap into this further relatively easily. They could also look to introduce maintenance contracts and emergency call out services if so required.

Confidentiality Form / NDA

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This statement applies to information relating to any company or other undertaking or business advertised for sale by Turner Butler (a 'Business')

The information supplied by Turner Butler on its website or in any other promotional material ('the Information') is not and is not intended to constitute an offer for sale of the Business or any assets of the Business or of the shares of any company which owns the Business.

For the avoidance of doubt there is no intention to create a legal relationship which will only come into existence when a written contract for sale and purchase of the shares in or the Business has been entered into.

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Turner Butler

Ickenham House, 2-4 High Road, Ickenham, Middlesex, UB10 8LJ
Telephone 0333 1234562 | Facsimile 01895 678532 | Email info@turnerbutler.co.uk | Website www.turnerbutler.co.uk

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