Total of 18657 firms and businesses for sale today Friday 29th March 2024
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Sold. Air Conditioning & Light Industrial Refrigeration Contracting Company

LISTING DETAILS
Firms For Sale ID:
33457
Vendor reference:
IA027
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Asking price:
£490,000  
Turnover / revenue:
£940,000
Net profit / cashflow:
Undisclosed
Years established:
65
Trading hours:
Standard office hours
Employees / staffing:
As already mentioned staff are a real asset. The vendor has put a highly skilled team in place to assist him in running the business. The business employs some 11 other staff members including an Operations Manager, Technical/Project Engineer, a Sales and Marketing Executive and an Administrator. This is in addition to the in-house preventative maintenance team, the installations team and reactive maintenance team. All engineering staff are fully trained in their particular trade, have CSCS cards, F Gas certification and enhanced CRB checks.

OTHER DETAILS
Reason for selling:
The vendor is approaching retirement age and now wishes to spend more time pursuing his own hobbies and past times and believes the business is ideally positioned to now be taken though a new period of growth and profitability by maximising the many opportunities at its disposal.
Support and training:
The current owner would be happy to provide full training and support at handover. This should be a relatively simple process as there is a highly capable team in place.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Air Conditioning & Light Industrial Refrigeration Contracting Company
BS EN ISO9001 Accredited
Ref.IA027
Location Midlands
Asking Price GBP 490,000
This leading air conditioning and light industrial refrigeration contracting company was established in the region some 65 years ago and in that time has established itself as a first class supplier to the many market sectors it serves so well. The company offers reactive and preventative service and maintenance programmes to customers as well as providing a full design and installation service for new project work.

The company is also able to offer a full mechanical services package to customers such is its close links with heating and ventilation contractors in the region.

Fully BS EN ISO9001 2008 accredited this organisation provide services directly to many large blue chip organisations in the Midlands and beyond. The client mix is varied and prestigious and the business can boast some 100 regular customers. Approximately 60% of revenues are generated via installation works with both reactive and preventative maintenance programmes making up the remaining 40%. The majority of work is carried out within a 100 miles radius of the companys Midlands base.

The company employs an experienced management team and a highly professional workforce capable of managing and undertaking all sizes of projects from conception to full implementation and ongoing support, upgrade and maintenance. This turnkey solution is key to many of their customers.

Over the 65 years of its operation, this business has built an enviable reputation for providing a professional, prompt and comprehensive service with high levels of customer service. The staff understand the need to be 100% reliable and this has helped the business develop many long-term client relationships. This businesss commitment to quality, safety and environmental issues is paramount.

Expansion Potential
With an enviable reputation within the industry and renowned for always meeting if not exceeding client expectations there is an outstanding opportunity to build on the existing services and customer base of this company. The business has a broad customer base that could be developed further as many of its clients are large concerns with multi-site operations.

Market / Competition / Non-Competition Agreements
Having established an excellent reputation for quality, technical ability, reliability and professionalism the business has little need for advertising relying on the most cost effective form of marketing, word of mouth recommendation. In saying that, it does have an informative website and also benefits from its accreditations listings.