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This is a superb opportunity to aquire an established business that specialises in supplying and installing renewable energy equipment that reduce fuel costs dramatically over a period of time. The systems are enviromentally friendly and actually increase the value of the individual home.
They are the local agents and distributors for high quality German engineered solar systems which are the fastest growing renewable energy technology systems in Europe. They are quickly installed easy to maintain and always work whatever the weather and can be installed from as little as £3,500(including VAT). These systems give their owners between 50% - 70% of their yearly hot water requirement.
The company is growing quickly with high growth figures forecast for the coming year and further predictions for similar growth over the next five years. With government grants expected to be available shortly for this sector of the energy industry the future is bright for the company.
The business runs from a small leasehold property in a business park in Lincoln with office, showroom and workshop with an office and meeting room on the first floor. There is a small team of employees with appropriate vehicles fully kitted out to perform the necessary installations.
The business is profitable and in a short period of time has established a good reputation in the area for their quality of work and the reliability of their product. New owners would be entering a true growth industry with massive potential over the coming years for expansion, as energy becomes more and more expensive to buy these renewable systems offer a cost effective solution.
Key Strengths and Opportunities:
As previously stated the true opportunity is to expand the sales and operation of supplying renewable energy to both the domestic and industrial market. With the forecast of energy increasing in price continually over the years to come the initial outlay for solar heating will be offset quickly against the year on year savings that will be gained. No wonder Solar Water Heating Systems are Europe’s fastest growing renewable energy technology.
Solar water heating uses one of the best sources of eco friendly energy. It works in all weather conditions and saves a typical household 50%-70% of its annual cost of providing hot water. The system leaves a legacy of free hot water for future owners, needs virtually no maintenance and adds value to the home.
Vehicles and Equipment:
There are two cars and one van, which are included in the sale of the business plus all stock, tools and equipment necessary to install solar powered heating. A full inventory is available to genuinely interested parties.
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 turnover is circa £144,000 per annum with Gross Profits of circa £63,000. The turnover forecast for the current year is circa £235,000.
For more information about this business for sale, click the Contact Seller button.
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