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Heating And Mechanical Services – Based In Yorkshire For Sale

UK
Asking Price:
Undisclosed
Turnover:
£1M - £5M
Net Profit:
Undisclosed

The company is a heating and mechanical services company offering a comprehensive installation and maintenance service for gas / oil appliances, plumbing and pipework systems, and other small / medium installation works

Throughout its time in operation, the company has developed many long-standing relationships with schools and colleges across Yorkshire and the surrounding area, as well as organisations from the ecclesiastical, care and public sectors.

The company is being offered for sale to facilitate the shareholders’ retirement.

Offers invited.

Key Highlights

Caters to circa 160 clients, all of which provide regular, repeat business, with some relationships spanning 40 years.

Benefits from a steady stream of revenue from scheduled and reactive maintenance works, with the continued use of older plant by existing clients expected to create additional installation work in future years.

Scope to expand service offering to cover the installation of electrical systems, air conditioning or renewable technologies.

Operates from freehold premises, which can be included in the sale of the business.

Key Highlights

Turnover of £1.5m, with an adjusted EBITDA of £326k.

Property Information

Property:

Freehold