| (REF: GC094 ) Independent Drain Cleaning and Repair Specialist |
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| Seller Reference: |
GC094 |
| B4S Reference: |
23434 |
| Asking Price: |
£180,000
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| Net Profit: |
£60,000 |
| Sales Revenue: |
£270,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
South East Devon, South West England, United Kingdom |
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Established for over twenty five years, this business has grown to become one of the leading drain cleaning and repair businesses in its area.
Very successful and profitable, this business covers all routine maintenance and emergency drainage work including surveys, drain relining, and remedial repairs – servicing a wide range of loyal customers in both the commercial and domestic sectors right across south east Devon and Cornwall. Turnover is split 80:20 between the two sectors in favour of domestic though the commercial sector is expanding rapidly as a result of the business’s fast growing relationships with Insurance companies and one of the UK’s fastest growing home emergency and home maintenance businesses.
This well run business is built on a foundation of quality practices and management procedures. Working to a proven successful pricing formula, every job is priced before work starts with regular and accurate communication with the customer throughout, ensuring a high level of customer confidence and satisfaction. Such is the business’s superb reputation backed up by good local marketing, this business has an excellent conversion rate amongst all of the jobs it is called out to look at. Rather than use a competitor, customers will frequently wait for this business to attend even if it can’t attend immediately.
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Property: |
Leasehold |
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Lease Terms: |
The business currently operates from rented premises of approximately 200 square feet comprising two offices, some storage and a staff room. Rent is approximately £350 per month with Rates of approximately £1200 per annum.
The business has however outgrown the premises and requires to be relocated. |
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Living Accommodation: |
No |
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Having been established for over twenty five years, this business enjoys high levels of awareness and benefits further from an excellent web presence through a well designed, informative and easy to navigate web site. Further activity is in the form of local advertising and direct marketing initiatives to the existing customer base and a presence in Yellow Pages and Thomson’s. The business has also built a comprehensive customer database on which is logged every job – a powerful marketing tool for identifying potential planned maintenance leads, lapsed customers etc.
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The current Owner will provide a full handover and whatever assistance is required to ensure a smooth transfer of the business to new Owners. |
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Having been involved in the industry throughout his career and having run this business for over twenty five, the current Owner believes the time is right to pass the business on to new Owners to build upon the excellent foundations already laid. |
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Is this a home-based business? |
No |
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Can this business be relocated? |
No |
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Is this business part of a franchise? |
No |
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The Owner is responsible for the day-today running of the business supported by full time administrative assistance. The business employs three highly skilled, trained and experienced Field Technicians. |
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