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Lucrative RMC Gas Limited In Oldham For Sale

Oldham, Lancashire, UK
Asking Price:
Undisclosed
Turnover:
Undisclosed
Net Profit:
Undisclosed

Based in Oldham, this gas mains installation and replacement specialist has grown rapidly to become a trusted supplier to major gas infrastructure organisations.

RMC Gas Limited is a young company with a remarkably fast growth trajectory, securing long-term contracts with several of the UK’s leading gas infrastructure providers. With turnover increasing rapidly year on year, it is now ready for a new owner to take advantage of the many opportunities to further grow reach, turnover and profits.

Lucrative contracts with big players across a variety of regions have provided a solid stream of ongoing work. These contracts have also provided a ‘foot in the door’, with one contract often leading to further work and increased workloads. Most recently, the company won a 2-year contract on a mains replacement project in the North West on behalf of an existing client, worth approximately £3 million over two years. Also a 5 year contract for specialised work removing and replacing old internal gas risers for multi occupied buildings up to 32 storeys.

The business offers a diverse range of services, which bodes well for its potential to attract new clients.

This is a fast-expanding operation, regularly moving into new territories. Projected turnover for 2024 of £3.6m, which is considerably up on the previous year.

Highlights -

Fast-growing business – projected turnover of £3.6m in 2024, significantly higher than the previous year
Contracts with a wide range of clients ranging from two to eight years
Inground teams to do mains laying and service laying on the gas networks with regards to joiners and electricians

Opportunities -

Further opportunities with current providers
Wide skillset likely to attract many more clients
Business growth is rapid – a new owner with the skills to manage this growth is likely to enjoy significant rewards

Financial Profile

Projected turnover IRO - £3.6m for 2024.

100% share sale

Property Information

Property:

Leasehold

Location:

Based in Oldham at Unit1, Hamilton Street, Oldham OL4 1DA, the business occupies three adjacent leasehold units. in their own common yard.

• A well-fitted out location that includes three office spaces, storage space, a canteen and toilet facilities.
• The yard area includes ample room for 10 vehicles.
• The premises are well secured and alarmed, and are monitored with CCTV.

Premises Details:

The premises are Leasehold.

Business Operation

Trading hours:

Due to the nature of the business, it operates all year round.

Employees:
We are advised that there are 38 employees and inground teams undertaking the main laying and service laying on the gas networks, electricians and joiners.