Domestic & Light Commercial Plumbing Heating & Electrical Business For Sale

Business description

Domestic & Light Commercial Plumbing, Heating & Electrical Business

ECA/OTTEC REGISTERED

This well managed business was set up by the current vendor over 10 years ago and has since established itself as a highly reputable and trustworthy business providing a rare combination of services to the domestic, light commercial and agricultural markets in the region it serves. The business is able to provide a complete turnkey solution to its clients providing a comprehensive range of plumbing, heating and electrical services.

The company provides services to both the domestic and commercial markets and as such has a broad and diverse client base. The majority of its work is domestic (circa 80%). The business enjoys very high levels of repeat business such is its levels of customer service

Plant and Equipment:

This business is well equipped and both vans are kitted out with the necessary installation and test equipment, tools, ladders, drills etc.

The business utilises Sage accounting software

Quality Assurance /Customer Service:

As members of the Electrical Contractors Association (ECA) 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 with a rare mix of skills.

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

Financial Information:

The business is being offered for sale on a going concern basis, all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

The business has consistently achieved turnover of circa £120,000 over recent years with resultant gross profits circa £66,000. Net profits circa £30,000 p.a. There are two fully equipped vans included within the sale.

Property information

Location:

There are no premises associated with the sale.

Other information

Expansion potential:

The business has regular revenue streams. Further investment and expansion would offer potential for the business to expand its operation further with a more proactive approach to sales. The business has had several approaches by insurance companies to become an approved supplier to them but at this time has chosen not to develop this opportunity, such is the consistent levels of business it enjoys. A new owner could certainly expand the operation to cover this and increase its geographical spread.

Competition / Market:

Existing customers are the businesses best advertisers, word of mouth is consistently generating new work. The business currently undertakes very little advertising or marketing such is the consistent levels of business it enjoys. A new owner could certainly increase this to help grow the business.

Support & training:

The current owners would be happy to provide full training and support at handover.

Reasons for selling:

The vendor wishes to emigrate.

Trading hours:

Monday – Friday: 0800-1700