Total of 18659 firms and businesses for sale today Sunday 19th May 2024
Sold. Refrigeration And Air Conditioning Engineering Company Installation & Maintenance
LISTING DETAILS
Firms For Sale ID:
34536
Vendor reference:
IA032
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£150,000
Turnover / revenue:
£286,000
Net profit / cashflow:
Undisclosed
Years established:
23
Number of employees:
5
Employees / staffing:
The engineering operatives employed by the business are highly competent and fully trained to the highest industry standards.
The business employs:
1x Office Administrator
1x Key Account Manager
3x Engineers & Technicians (1x NICEIC Qualified)
OTHER DETAILS
Reason for selling:
Retirement.
Support and training:
The vendor is happy to provide support and training to ensure a smooth handover of the business. This is not envisaged to take more than six months.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The business operates from 2x leasehold units on a busy and well maintained industrial estate in South West Wales minutes away from main trunk roads including the M4 motorway.
The first unit is used as offices and is circa 800 square feet with file storage and facilities. The second unit, also 800 square feet is the fully equipped manufacturing facility, used for the companys design & build service.
BUSINESS DESCRIPTION
Refrigeration and Air Conditioning Engineering Company
Installation & Maintenance
Ref. IA032
Location : South West Wales
Asking Price : GBP150,000
Established in 1993, this well known and highly regarded business has provided its comprehensive range of expert refrigeration and airconditioning, installation and maintenance services. These services are provided by a team of fully trained engineers and very knowledgeable and trusted office personnel.
The range of services includes
Commercial Refrigeration
Commercial Air Conditioning
Service & Maintenance
Design & Installation
In combination with the companys manufacturing facilities, it is able to provide the exact requirement for any situation and tailors its levels of refrigeration services to suit a clients specific needs. So whether a maintenance issue or a refrigeration repair or an entire air conditioning system designed and installed in a commercial property this company has the expertise and the reliability to provide.
The business was set up as a result of significant demand for a professional, reputable business offering refrigeration services to exacting commercial customers and has now grown by establishing an excellent reputation for its range of services and the professionalism with which it operates.
Experienced in providing its services to a range of industries, the business has gained extensive knowledge and expertise and is highly sought after, this is due to its flexibility of service provision and immediate response to clients needs. This very personal service has created a good reputation with both clients and staff.
Maintenance contracts exist with many well known clients including: Mineral Refineries, Large Automotive Manufacturing Facilities, Large Commercial Gas, Large Engineering Plants, Electric Utilities and the NHS.
Market / Competition / Non-Competition Agreements
To date, little has been spent on advertising so any investment in marketing should attract additional interest and enquiries going forward.
With only word of mouth recommendations this business has maintained an impressive base of satisfied repeat accounts and clientele. It holds all the necessary accreditations and approvals to provide complete refrigeration & air-conditioning solutions.
Additional advertising and the creation of a company website, in order to showcase the services on offer, could lead to more opportunities for future growth.