Total of 18656 firms and businesses for sale today Tuesday 16th April 2024
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Sold. Plumbing And Heating Company

LISTING DETAILS
Firms For Sale ID:
24251
Vendor reference:
GD054
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£225,000  
Turnover / revenue:
£375,000
Net profit / cashflow:
Undisclosed
Years established:
32
Trading hours:
The business does not offer a twenty-four hour call out service
Number of employees:
9

OTHER DETAILS
Reason for selling:
The director has decided to take early retirement
Support and training:
There will be a full and professional handover for a period to be agreed as part of the overall negotiations
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
Yes
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Plumbing and Heating Company

Ref.GD054
Location Swansea, South Wales
Asking Price £ 225,000

This Corgi Registered business was established by the vendor in 1978 and became a Ltd company in 2000. Operating from a home based office it has established an enviable reputation for high quality workmanship, trustworthy and professional staff, and honest trading. As such it has built up a client bank of private and commercial customers within a thirty mile radius of its location.

It carries out any work from a simple tap washer for a private client to a full fit for new build homes. It has excellent relationships with two local authorities who provide a consistant supply of pre priced work and has long standing maintenance agreements with four local nursing homes.

Expansion Potential
This business has been managed to a size suitable for the director’s own requirements. It is constantly turning away business and could easily increase its volume turnover by taking on more staff to cope with the demand. The business has been approached by additional Local Authorities to handle some of their work but has chosen to contain its operations. The addition of an employee to handle enquiries and a couple of extra plumbers would allow the business to grow quite quickly.
It is noteworthy to mention that this company has never had to advertise its services.