Business Summary:
Commercial Plumbing & Heating Business Gas Safe RegisteredRef. GD111 Location : Staffordshire/Cheshire Border (Fully relocatable) Asking Price : £80,000 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.
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| Year
Business was Established: 1993 |
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| Number of Employees:
1FT |
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| Facilities / Terms of Lease:
The business is run from a home office environment so there are no premises associated with the sale. The business is truly relocatable. |
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| Potential
Growth/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. |
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| Competition:
Existing customers are the best advertisement for the business with word of mouth recommendations consistently generating new work and enquiries. The business undertakes no advertising or marketing such is the reputation it enjoys. A new owner could certainly increase this to help grow the business. The business could certainly benefit from an online presence. |
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| Owner
willing to train:
The vendor will provide a comprehensive handover to ensure a seamless transition of ownership. He may also be prepared to stay on in the business should a new owner so require, subject to negotiation. |
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| Reason for selling:
Planning retirement / health reasons. |
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Seller Reference Number: GD111
BusinessMart.com Listing Number: 206915 |
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