Businesses For Sale > Business For Sale in Hertfordshire, UNITED KINGDOM - UK (UK)

GD058-Hertfordshire-Ł630,000- Freehold Plumbing Supplies, Gas Boilers, Central Heating Supply & Inst for sale in Hertfordshire, UK

Hertfordshire, UNITED KINGDOM - UK (UK)

Asking Price:	Gross:	Cash Flow:
Undisclosed	Undisclosed	Undisclosed

Business Summary:
Freehold Plumbing Supplies, Gas Boilers, Central Heating Supply & Installation & Bathroom Appliances Confidentially offered for sale Ref No:GD058 Location: Hertfordshire Asking price: Ł630,000Having originally served his time as a Heating and Ventilation Apprentice for the major gas supplier in the UK, the owners established this business in 1970, following which this business has grown steadily, generating turnover of over Ł257,000 for the most recent year for which figures are available. They are Corgi registered and fully qualified sub contracted staff carries out all installations. Within the domestic marketplace, this business has carried out more than its fair share of bathroom and shower installations and the installation, service and maintenance of boilers and full central heating systems. The business, which still has much growth potential, currently supplies parts and accessories to the domestic and trade sectors for all plumbing, gas heating, bathrooms and showers and will also install into the domestic market. There is a good potential for the expansion into the commercial sector and into the building and development sector of the marketplace.

Potential Growth/Expansion: This is an outstanding opportunity to build on the existing products, services and customer base of this business. The foundations for the next period of growth are already in place, and with a new owner contributing fresh ideas, energy and enthusiasm the business will reap the benefits in terms of turnover and profit.

Competition: There are excellent opportunities to expand the business's marketing and capitalise on its excellent standing. Most new business is generated from strong word of mouth recommendation from existing satisfied client referrals, bearing strong testimony to the business's excellent reputation. The company advertises locally and has an un-tapped client base who would provide an ideal base for selling maintenance contracts through some form of targeted marketing combined with more assertive methods of advertising to expose the business to even greater markets. This could include advertising in trade magazines and the local press or by using direct mail, leaflets or brochures.

Owner willing to train: The owners are prepared to offer full support and training to the new owner and to pass over all contacts and contracts etc. They are also prepared to offer their services on a part time basis for a period of time after the successful sale of this busines

Reason for selling: This is a genuine retirement sale as both owners have reached the age when they wish to retire and pass this thriving business on to younger hands that can drive this business forward to the next level of growth.

Seller Reference Number: GD058
BusinessMart.com Listing Number: 58405

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