Location
Sold Businesses... Businesses for Sale...

Plumbing, Heating & Bathroom Services 

1853NR
Heating and Plumbing
UK  > East Anglia > Norfolk

Summary

RELOCATABLE: £250,000 + SHAREHOLDERS FUNDS
-
-

Business description

Location

The company is based in Norfolk. It is envisaged that a new owner, who is either in the same trade, or has a similar enterprise in the industry sector, will relocate the business from its current location to their own premises.


Reason for Sale

This is a genuine retirement sale.

Business Profile

Established for 30 years and incorporated 15 years later, the company has steadily grown and enjoys many recommendations and referrals from a loyal customer base, with the benefit of recurring income from servicing boilers and heating systems and the next generation of families becoming customers too. A website was introduced to promote this well established business, which is respected and has a strong, well known brand name in the county.

Services

The business offers a wide range of services, including:
• Plumbing
• Heating systems:
o Sustainable
o Gas
o Oil
o Maintenance contracts
o Landlord certificates
• Bathrooms
• Tiling
• Minor building work
• Provide & manage complete projects

Customers

There is a comprehensive database for:
• Domestic house owners
• Landlords of rental properties
• Maintenance contracts

Handover

If needed, the vendor is willing to assist a new owner for 6 to 12 months.

Employees

The vendor works full time in the office and is supported on a part time basis. He employs 4 highly experienced plumbing and heating engineers (all on the payroll) who are Gas Safe accredited. Carefully selected, trusted and fully qualified electricians are used as & when required.

Key Strengths

• Established for 30 years
• Engineers are all employed
• Range of services/income streams
• Recurring income from servicing
• Customer & landlord databases
• Word of mouth recommendations
• Impressive financial performance
• Brand name

Equipment

None of the fixtures and fittings have been checked or tested by Advent Business Sales Ltd and a potential purchaser should make their own checks regarding existence and condition.

• Sign written vans (3 small & 2 slightly larger ones)
• Small quantity of stock
• Office equipment

Tenure

This business is being advertised for sale on a relocatable basis


EPC  

Exempt



Viewings:

To arrange a viewing please contact the agent.






DISCLAIMER: Viewing is essential to fully appreciate this business and is strictly by appointment only through the agents. All negotiations must be conducted through Advent Business Sales. Businesses/Properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants.
These particulars are provided as a general outline only for the guidance of intended purchasers or lessees and do not constitute all or part of an offer or contract.
All information supplied via Advent is based upon information supplied by the Vendor who has warranted to Advent that all of the information is accurate. Nevertheless, details are given without responsibility by Advent Business Sales Ltd for any or all descriptions, dimensions and reference to condition or value. Intending purchasers should not rely on these details as statements or representations of fact but must satisfy themselves of their accuracy by inspection, by independent advice and/or other appropriate means. 
No person representing Advent Business Sales Ltd has any authority to make or give any representations or warranty whatsoever in relation to this or any other property.



Property information

Other
No
No
No
Yes
Yes
No

Business operation

Mon – Fri: 8am to 5pm
Sat & Sun: Contracts & emergency call outs only (there is an out of hours emergency contact telephone number)
This is an extremely well established and profitable concern, which offers excellent scope and potential to increase both sales and profits further by:

1. Economies of scale for a new owner in the same trade 
2. Employing more heating engineers
3. Widening the catchment area
4. Advertising, as very little is done at the moment
5. Maintaining a fully optimised website
6. Adopting social media strategies
7. Full automation of systems and procedures 

Documentation

Confidentiality Agreement

An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises.

Disclaimer

Viewing is essential to fully appreciate this business and strictly by appointment only through the agents. N/B: All Negotiations must be conducted through Advent Business Sales. These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants. All statements and descriptions are made without responsibility or warranty by us, vendors or lessors. Intending purchasers must check for themselves (Misrepresentation Act 1967).

Getting more in the reccession

Don't let the reccession affect your dreams! Advent has a proven track record to get value regardless of the economic climate. Get more with Advent