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Business for sale in United Kingdom - Gp121-domestic plumbing & heating maintenance & repairs-south east kent coast

Asking Price: 115,000 £ Real Estate: Lease
Sales Revenue: 200,000 £
Net Profit: 50,000 £
Year Established: 1969
Employees: 3FT
# of family members employed: Not Disclosed
Location criteria:
United Kingdom/County of Kent/South East Kent Coast

Business types:

Construction

Business categories:

Heating, Ventilation & Cooling (HVAC) Contractors ; Plumbing Contractors

Business description

established in 1969 and under present ownership since 2006, this business specialises in the provision of the full range of high quality plumbing and heating to the private customers, with a little contract work from local builders. Known for being professional but perhaps more importantly competitive in price, as would be expected from an independent, not tied to any particular trading relationships, this business sources and supplies from a wide range of manufacturers on behalf of its loyal and satisfied customer base. This business is particularly known throughout the trade for its excellent product knowledge. A high percent of the turnover this business enjoys comes from repeat business and word of mouth recommendation. With its current size, outstanding reputation and constant commitment to quality and excellence, this business offers excellent potential and great opportunities to expand upon its loyal client base. With a good reputation, excellent product range, high levels of customer service and turnover for the last financial year of circa £200,000, and performance set to be replicated this year, generating a net profit of circa £50,000, this is an excellent opportunity to acquire a very well established, leading, independent, plumbing and heating supplier. Equipment: all associated tools are included in the sale of the business, along with 2 modern sign written small vans. Customer service: this business prides itself on the high levels of customer service it offers. It has established an excellent reputation amongst its customers for pre and after sales service. In the unlikely event that anything should go wrong with a customer order it is immediately rectified to the customer’s satisfaction. Key strengths: with a successful trading history of almost 40 years, this business is well established and well known within the trade. This business has established an excellent reputation for its wide range of quality products and superior customer service. Its excellent levels of product and technical knowledge make it the first port of call for any diy’er embarking on a project involving baths, showers or heating. It has excellent supplier relationships ensuring stock is always readily available at competitive prices, whilst still maintaining good margins. Growth and expansion: there is an outstanding opportunity to build on the existing business levels and customer base of this company. With a strong demand for this business's services a new owner contributing fresh ideas and investment could increase the current turnover and profit. Whilst this business has carved itself an excellent niche in the market primarily servicing the private trade, a more pro-active approach to sales and marketing with the possibility of embarking into internet sale and expanding more into the new build and trade sector. Key opportunities: this is a fantastic opportunity to expand on an established and reputable business with scope to expand sales through recruiting new employees and expanding the business into other areas.

Additional information

Additional information: Not Disclosed
Support & training: Full support and training will be provided to the successful purchaser.
Reasons for selling: The current owner is selling the business de to family commitments.
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: no
Lease: yes
Lease terms: Annual rent is charged at £5,500 with rates charged additionally at £571 per annum including water.
Location: The business operates from leasehold premises with six years remaining on the existing nine-year lease. Annual rent is charged at £5,500 with rates charged additionally at £571 per annum including water. The property itself consists of an office and storeroom, plus an outside store area.

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