Business for Sale Overview:
This is an outstanding opportunity to acquire one of the largest and most profitable plumbing and heating contractors in the East Midlands.
The business was established in 1974 and has earned itself an enviable reputation with lucrative maintenance and installation contracts held with local county councils, commercial building developers and the prison service. There is a large database of private clients who use the services of the company on a regular basis. The company also holds a waste management license.
Whilst the business specializes in plumbing and heating, the company also has both an electrical and a building division within their set up.This allows the company to provide a full turnkey solution to all jobs both big and small. The services they offer include, heating, plumbing, extensions, alterations, plastering, drainage, adaption welfare for the elderly and disabled, wet rooms, bathrooms, underfloor heating, ramps, lifts, rails plus all other associated work.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
The business is located in a modern two story office and warehouse. The lease runs until 2011 with rates annually of £35,000 per annum with an annual increase of £1,000 per annum on the lease. Rates are £12,000 per annum.
The premises are circa 9,875 square feet. Downstairs there is a reception area, board room, a training room, toilet block including disabled facilities, a canteen and a showroom with bathroom displays. At the back of the downstairs is warehousing and storage area with a large secure yard for further storage. There is ample parking for staff vehicles at the front of the building.
Upstairs houses the main offices and a large open plan office which is taken up mainly by the call center.
The company sub lets parts of both the upstairs and the downstairs, including the yard, charging rent of circa £40,000 pounds per annum to their tenants. The premises are fully alarmed with added security cameras.
Market Competition and Expansion:
The business runs with a consistent marketing plan and appears high in the listings on the major search engines. They also advertise in Yellow Pages, Yell.com, Internet sites and use local mail shots to attract domestic customers.
Reason for Selling:
has now reached retirement age and would like to t
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Resources: