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Business For Sale
ELECTRICAL, PLUMBING, HEATING & DRAINAGE COMPANY
Attn:
Andrew Hudson
'London', United Kingdom, GB
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Listing Number: "GD053"
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Listing
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Asking Price: |
$795,000
GBP United Kingdom Pounds
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Business for Sale Industry: |
Services: Construction, Contractors
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Reason for Selling:
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Retirement |
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Yearly Revenues:
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$1,500,000 |
Business for Sale Overview:
This outstanding business has been established since 2002. It is a prime example of how attention to detail and customer care results in a well run and very profitable company.
The operation has four main trading arms.
Firstly the emergency maintenance and installation of heating systems throughout London & the surrounding areas within the M25. It uses a team of CORGI registered fully qualified engineers to ensure its cash rich time poor customers get a fast premium rate service.
In addition the company offers a rapid response service for all plumbing needs, ranging from burst water pipes or changing immersion heaters, to new kitchen or bathroom installations.
Property Features and Assets:
The premises are leasehold, and rent & rates are currently circa £19,000 per annum. There is an excellent relationship with the landlord and the lease has a break clause for 2009, which can only be executed if required by the company, meaning the business is easily re-locatable should the current premises not be required. Otherwise the lease is guaranteed until 2011, with an opportunity to extend.
Market Competition and Expansion:
A fair proportion of the business's revenue has been due to its excellent reputation for quality & service and strong word of mouth recommendation. Current marketing is undertaken through high quality extensive directory and internet advertising, going back many years and covering all areas within the M25. This creates a substantially high number of inquiries and satisfied customers, as well as a superb market presence, making the company more than just a key player and has ensured a long term successful formula and proven track record.
In addition the business has an informative and easy to navigate website detailing all products, services and contact details, with links from advertisers to it.
The company has built up over a number of years superb marketing guarantees, which rival companies are unable to match due to the company’s guaranteed prime position advertising, which cannot be acquired by rivals until the company gives such opportunities up.
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