| (REF: GJ023) Gas and Plumbing Engineers |
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| Seller Reference: |
GJ023 |
| B4S Reference: |
09460 |
| Asking Price: |
£950,000
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| Net Profit: |
£190,000 |
| Sales Revenue: |
£1,250,000 |
| Number of Staff: |
Send enquiry for more details. |
| Established For: |
Send enquiry for more details. |
| Ownership: |
Leasehold |
| Location: |
West Midlands, West Midlands County, United Kingdom |
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Turner Butler are delighted to be appointed as sole selling agents for this exciting business opportunity which has never been brought to the market for sale before.
Since its inception in 1991, this ever growing company has been dynamically driven and carefully managed by its Directors, by fully utilizing their 28+ years of generic experience in the same field.
Although the company undertakes all levels of work within its sector, both private and commercial, they have developed something of a specialized niche in taking on major contract work for large companies working at a national level, and sometimes involving over 1000 properties. This work tends to be refurbishment and new build work i.e. from wet rooms through to bathrooms and kitchens etc.
So successful have they been at winning and completing these contracts both on time and on budget, that they continue to secure more and more contracts of similar types. This type of contract work now represents approximately 80% of their total spread of work, and has been gradually growing over recent years due to the company?s excellent reputation for their quality of workmanship and their proactive approach to solution provision.
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Property: |
Leasehold |
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Lease Terms: |
The company?s short term lease premises are connected to all main utilities and are subject to a 12 month agreement with a 3 month notice period.
Current annual rental comes in at circa ?8,000, with rates coming in at circa ?2,000 per annum. Approximate size is believed to be circa 1050 square feet.
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Current Rent: |
Current annual rental comes in at circa £8,000, with rates coming in at circa £2,000 per annum |
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Living Accommodation: |
No |
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The company has developed and maintains an Internet website along with insertions in the local Yellow Pages. |
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Full support and any necessary training will be provided during handover as part of a successful sale package. |
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The Directors have now decided to sell the business and, by allowing the new owner to develop the management structure, give the company fresh energy to further increase turnover and profitability. |
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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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Monday ? Friday: 8.00am ? 5.00pm
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The company currently employs 16 full time and 16 part time subcontract staff, including its 2 Directors. |
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