| (REF: 9752LE) Profitable Heating Maintenance and Servicing Business |
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| Seller Reference: |
9752LE |
| B4S Reference: |
19155 |
| Asking Price: |
£205,000
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| Net Profit: |
£73,669 |
| Sales Revenue: |
£147,998 |
| Number of Staff: |
1 |
| Established For: |
4 Years 0 Months |
| Ownership: |
Leasehold |
| Location: |
Undisclosed, Leicestershire, United Kingdom |
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HISTORY
Business started by vendor 4 years ago
Business evolved out of a dissolved partnership that existed for 8.5 years
The vendor has taken the business as far as a single trader can, however a larger company could exploit the significant growth potential
PRODUCTS
Total heating maintenance and servicing with some connection work
CUSTOMERS
Customer base comprises 95% commercial and 5% domestic
Covering Leicester and Leicestershire area
Main customers are 2 letting agents and 2 smaller letting agents, Leicester colleges and Freemans Common
Work for insurance companies undertaken
Gas servicing including domestic connections
STOCKS
Nominal at £2,298
FINANCIALS
2010
Turnover £147,998
Gross Profit £103,638
Net profit pre tax £73,669
Shareholder fund £30,666
STRENGTHS
Reputation
Superb customer base
Trading name
Specialist knowledge
OFFER FROM VENDOR
To sell business 100% - willing to work for a new owner to manage present customer base
To sell a percentage share of business - continue to be a partner
To sell business 100% to larger company wishing to expand into present area. Again, vendor would be willing to work for a new owner to manage present customer base
VIEWINGS
A non disclosure agreement will have to be signed and returned prior to any further information and viewing
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 These details do not constitute part of an offer or contract and properties are offered subject to being sold, let or withdrawn without notice at any time and without liability for any expenses incurred by applicants.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).
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Property: |
Leasehold |
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Lease Terms: |
Re-locatable |
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Living Accommodation: |
No |
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Location: |
Currently trading from a private address in Leicestershire
Fully re-locatable within the Leicestershire or South Nottinghamshire area. |
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Further develop customer base
Possible addition of website
Employ staff to grow business
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OFFER FROM VENDOR
To sell business 100% - willing to work for a new owner to manage present customer base
To sell a percentage share of business - continue to be a partner
To sell business 100% to larger company wishing to expand into present area. Again, vendor would be willing to work for a new owner to manage present customer base
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Vendors medical problem with knee is forcing reluctant sale of the business |
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Is this a home-based business? |
Yes |
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Can this business be relocated? |
Yes |
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Is this business part of a franchise? |
No |
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