35 Year Established Ventilation, Air Conditioning and Plumbing Repair Business
Location: Surrey
Asking Price: £295,000 plus NAV
Business Highlights
Turnover : £507,000
Net Profit : £96,000
Asking Price Includes :
35 years plus successful trading.
Consistent year on year organic growth.
Zero marketing spend.
Historical local council and school referrals.
Introduction:
Turner Butler has been appointed to invite offers of purchase of the issued share
capital of this long-time established reputable ventilation, air conditioning and plumbing repair business. Operating for over 35 years and working closely with local authorities.
Business Profile:
All business is introduced directly from long-time established local authority and school clients. The company installs, services, maintains and repairs ventilation and air conditioning systems. They also offer a plumbing installation and repair service. They employ 4 technicians and also use sub-contractors.
Customer Service:
The company has prided itself on exemplary customer service. This is borne out by continual, long-term repeat business orders and contracts.
The Opportunity:
The goodwill in 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.
Asking Price:
The asking price of £295,000 plus net assets (mainly net debtors) is for 100% of the issued share capital of the company. Calculated on a zero-cash, zero-debt basis at completion.
Reason for Sale:
Retirement.
