| (REF: GJ025) Domestic Heating Engineers and Installers of Central Heating Systems |
| |
| Seller Reference: |
GJ025 |
| B4S Reference: |
11062 |
| Asking Price: |
£495,000
|
| Net Profit: |
£150,000 |
| Sales Revenue: |
£700,000 |
| Number of Staff: |
9 |
| Established For: |
32 Years 0 Months |
| Ownership: |
Leasehold |
| Location: |
Scottish Central Belt, Scotland, United Kingdom |
| |
This business was founded 32 years ago by the Vendors and has grown since to become the regions leading independent Domestic Heating Service and Installation company with an envialble reputation for the quality of its products, flexibility of service and reliability.
The business operates from a prime location on the outskirts of Glasgow and has established its reputation right across the Central Belt. Many current customers have been loyal to the business for many years, benefitting from the excellent knowledge and expertise of the workforce in respect of the maintenance and service of their domestic heating systems. The retention of the impressive client base is due in no small part to the business?s competitive prices, quality products, first class service and attention to detail.
The business has always believed in the pursuit of excellence, installing new technology, constantly reviewing and updating its service commitment and its methods of business, as well as continually scouring the supplier market to ensure the customers receive the best possible solutions.
|
| |
Property: |
Leasehold |
| |
| |
Lease Terms: |
The business is located in an easily accessible area on the outskirts of Glasgow and operates from a purpose built industrial unit of circa 1,350 square feet, including storage capacity, facilities and administrative offices. There is also ample parking.
The premises are superbly appointed and represent the professional qualities and service the company has built its reputation upon. |
| |
| |
Living Accommodation: |
No |
| |
The business has used limited advertising in the past and there are excellent opportunities to increase this and market the business more aggressively to significantly increase turnover.
A high proportion of the business\'s revenue has been due to its excellent reputation for quality and service and strong word of mouth recommendation and repeat business. |
| |
The current market for this business?s services is growing and is forecast in the near and longer term for significant growth. The business is well positioned to take maximum advantage of this growth as it occurs.
|
| |
The current owner will provide all necessary training and all relevant contacts to allow continuity of trading. |
| |
Approaching retirement age, the vendor?s feel the business is superbly placed to be taken on to the next phase of growth by new owners bringing a higher level of energy and resources. |
| |
Is this a home-based business? |
No |
| |
Can this business be relocated? |
No |
| |
Is this business part of a franchise? |
No |
| |
The business currently employs the founders, 5 engineers, plus a further 4 office based personnel. |
|
|
