Close

Choose your country

Or view all businesses for sale

Worldwide

Sell Your Business

Advertisement

SOLD Central Heating Hot Water Business, Nottinghamshire For Sale

Nottingham, Nottinghamshire, UK
Asking Price:
£190,000
Turnover:
£348,000
Net Profit:
On request

Ellis & Ellis are proud to present this long established & Reputable, Central Heating & Hot Water Business, Nottinghamshire 'SOLD'

‘FOR SALE’ AS A GOING CONCERN. Established over 62 years.

Pump Services of Nottingham boasts a healthy database of over 2000 customers. Offering annual servicing, system installs, upgrades and repairs. The business has a stable financial history and achieves organic growth. The owners pride themselves on their old-fashioned service. This has resulted in a reputation for reliability, quality work and excellent service, and a large, solid customer base.

The business lends itself to either a qualified plumber wishing to run their own rewarding business, or a take- over by an existing business in the same field of activity who is looking to expand their client base or move into the Nottinghamshire area.

Key Information:
Turnover: Consistent turnover in years 2023 & 2024 of £348,000.
Staff: 3 full time staff on the tools, 1 vendor full time Admin, plus 1 vendor part time reacting to call outs and estimated jobs. The 3 full-time, long-term team members will stay with the business (one of these has indicated a willingness to move into the Admin role if required).
Vehicles: 3 liveried vans included in the sale (4-5 years old).
Premises: The business only requires a small office space plus some storage space. Optional leased premises are available. New lease with approx rent £650-£700pcm.
Genuine retirement sale.

For the full sale particulars please complete the enquiry form.

Property Information

Location:

Services provided throughout Nottinghamshire. Current office located in Gedling.

Premises Details:

Currently run from Nottingham, with the potential to manage from elsewhere. Office space available to rent; otherwise work from home or combine with an existing business.

Business Operation

Management type:
This business is owner operated.
Expansion Potential:

Lots of opportunities. Introduce maintenance and/or servicing contracts. Use the website and/or an app for scheduling. Actively seek new business. Increase the number of engineers. Use the website & social media to attract more customers. Extend the area to outside of Nottinghamshire. Add in more services.

Competition / Market:

This doesn't appear to be of concern. Operating for 62 years should give confidence to prospective purchasers. The business offers an excellent high standard which attracts new customers and retains existing customers.

Reasons for selling:

Retirement sale.

Trading hours:

Monday - Friday

Employees:
3 full time on the tools, 1 vendor full time in the office, plus 1 vendor part time reacting to call outs. (the 3 full time engineers will be staying with the business).
Years established:
62 years.

Other Information

Support & training:

A handover will be provided.

Home based:
This business can be run from home
Relocatable:
This business can be relocated