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#Business ID: 13900

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Plumbing and Heating Company

Business Location: Swansea, South Wales, England

Asking Price: £ 225,000 Revenue: £ 375,000 Cash Flow: not disclosed

Business Summary

Well Established
Turn Over £375,000
Good Profits
Corgi Registered
Relocatable
Good Will
Business profile:
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.

Key Strengths:

Low overheads
Relocatable
Well established
Profitable
Minimal Borrowings
Loyal staff


Property Details

Years Established:

1978

Other Business Details

Premise Details:

The business is run from a home-based office that has the great benefit of minimalising overheads. It also has a lock up to secure the small amount of stock that it carries

Competition:

The business does have a web site

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.

Business Operation Details

Employees:

8

Trading Hours:

The business does not offer a twenty-four hour call out service

Support & Training:

There will be a full and professional handover for a period to be agreed as part of the overall negotiations.

Miscellaneous Details

Reason For Selling:

The director has decided to take early retirement

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