Key Features:
* Consistent YoY growth
* Strong customer base across domestic & commercial sectors
* Highly skilled, accredited staff in place
* Eco-friendly operations with renewable heating initiatives
* State-of-the-art equipment & technology
* Prime location with low overheads
* Vast potential for further market expansion
Are you an ambitious individual or an established business searching for a lucrative addition to your portfolio? Look no further. We are delighted to present a highly-regarded business that has been a cornerstone in the heating and plumbing industry since 2015. Strategically located in Stoke-on-Trent, Staffordshire, this business serves domestic and commercial clients and has even carved out a niche in renewable heating solutions, positioning it perfectly for the industry's sustainable future.
With solid financials and a promising outlook, this enterprise offers a stable income and significant growth potential. As of February 2023, it boasts a compelling financial track record, including a recent turnover of £528,758 (NET) and a promising gross margin hovering around the 40% mark. The venture comes complete with a fully trained team and an already established brand, which consistently garners high customer reviews.
Accessibility and flexibility are the key attributes of its premises. Located in a well-connected area, the business premises offer ample parking facilities. Moreover, the rent and lease conditions provide either room for a reassignment (asset purchase) or an option to remain with the Ltd company through a share purchase.
For interested parties, there is also an option to acquire a 70% equity stake in Royale Boiler Services for a total consideration of £87,500, with the seller remaining operational in the business.
Key Information:
Established in 2015 with an excellent reputationStrong financial track record with a recent turnover of £528,758 (NET)Gross margin around the 40% markRenewable heating solutions as a specialisationFlexible leasehold arrangement with four years remainingQualified and trained team in placeOperates Monday to Friday, 9 am to 5 pm, with some weekend workBusiness rates NIL, qualifies for Small Business Rates Relief
Offers around £125,000 | Business Ref: M35719V
For more details and to register your interest, please enquire today.
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