Business For Sale

Well Established and Profitable Plumbing, Heating & Electrical Specialists


Ref: GD124
Location: Essex & East London, England
Asking Price: £525,000
Annual Turnover: £1,000,000

Annual Net Profit: £192,000
Gross Profit: £400,000
EBITDA: Not Set
Premises Type: Leasehold

Business Description

Business Profile

The company was originally founded in 2017 to provide domestic and commercial heating and electrical services in the Essex, East London and surrounding area.

 

Plumbing & Heating Services

 

The business specialises and has grown an enviable reputation within the social housing arena in boiler repair and boiler replacements, especially Vaillant, Worcester and Ideal boilers

 

A range of work is undertaking including full central heating installations, heating system upgrades as well as approved gas servicing and maintenance (domestic and commercial), power flushing, landlord certificates, heating system control upgrades and installation of new radiators.

 

The business provides both general and specialist plumbing services including new bathroom suite fit-outs, new water mains, undertake water chlorination to BS 8558 standard, fix leaking pipes, and any other general plumbing repairs for sinks, toilets etc.

Electrical Services

For both domestic and commercial customers the business provides the following electrical services:

  • Electrical Testing and Inspection
  • Additional Power and Lighting Points
  • Metering Alterations & Upgrades
  • Under Floor Heating Systems
  • 3 Phase Circuit Wiring
  • Under Floor Heating Systems
  • Creative Lighting Installations
  • Kitchen Upgrades & Improvements
  • Creative Lighting Installations
  • Fused Spurs
  • New & Upgraded Distribution Boards
  • Pre & Post Let Inspections
  • Wireless Fire Alarm Systems
  • Wireless Intruder Alarm Systems
  • Garden Lighting
  • Cooker Circuits
  • Shower Circuits

 

Diamond Coring and Wet Cutting Services

 

The business has specialist state of the art wet and dry diamond cutting machines. The highly skilled operatives can cut through reinforced concrete slabs up to a depth of 600mm and a hole size of up to 150mm. The machinery will easily cut through reinforced concrete, bricks, render, almost any concrete structure without damaging the surrounding structure.

The diamond cutting equipment is owned outright by the company.

 

The business is well structured with an excellent and consistent trading history and repeat client base showing continuous profit. There is enormous potential to grow the business further.

 

There are 8 members of staff employed across the business.

 

Clients:

 

The business has a large and loyal client base ranging from large blue-chip companies, including schools and colleges to private domestic customers.

 

Technology:

 

All necessary IT equipment, including a brand-new state of the VoIP telephone system is in place required to run a successful heating and electrical services business. A full inventory of equipment is available to all genuinely interested parties.

 

The business is set up to take card payments and offer finance terms through a licensed credit broker.

 

Assets and plant owned by the business

 

The business does not need to hire in any plant as all necessary plant and equipment is owned outright by the business and will form a part of the sale. As well as the trading offices, the business leases a secure yard and a container, which benefits from gated security, with 24/7 access. This is where a rubbish skip is kept, so all rubbish the business generates is disposed of legally and in an environmentally friendly manner.

 

A very impressive selection of stock, plant, machinery and of boilers, controls, valves, and a small workshop within a 40’ container is also a part of the sale.

Confidentiality Form / NDA

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Turner Butler Disclosure Statement

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.

The Information provided is not intended to address your particular requirements. Further the Information does not constitute any form of advice recommendation representation endorsement or arrangement by Turner Butler and is not intended to be relied upon in making (or refraining from making) any specific decisions.

Any agreements transactions or other arrangements made between you and any client of Turner Butler are at your sole risk and responsibility. The prospective sellers of the Business have provided the Information to Turner Butler. The Information has not been verified by Turner Butler.

You must carry out your own due diligence and satisfy yourself as to the accuracy of all matters. In the case of the sale of shares in a Business the Information has been prepared on the basis that the shares will consist of or include more than 50% of the voting shares and that both the seller and the buyer is either a body corporate, a partnership, a single individual or a group of connected individuals so as to fall outside the scope of regulated activities as defined by the Financial Services and Markets Act 2000. If you are considering a transaction which falls within the scope of such regulated activities you cannot do so through Turner Butler.

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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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