Plumbing & Heating Company With Substantial Customer Base

Price:

Other - £49,950

Turnover:

Seller Ref:

1200N

Location:

London

Business Type:

Retail businesses, Service Businesses

See Other:

Heating and plumbing for sale in London
Guttering and plumbing companies for sale in London
Retail businesses for sale in London
Service businesses for sale in London

Description:

THE BUSINESS:

HISTORY

• Established by vendor in 1973 as an independent plumbing and heating contractor serving customer base throughout north London
• Business grown through word of mouth and referrals with excellent local reputation
• Well known local name with up to 25 engineers in the past
• Website introduced with considerable focus on search engine optimisation and quality lead generation
• Full Gas Safe accreditation
• Very much run as a family business

REASON FOR SALE

• Retirement

SERVICES

• Gas boiler and central heating systems
o Installations
o Servicing
o Repairs
o Power flushing
o Safety certificates
• Wide range of plumbing related services
• Contract maintenance work undertaken
• 24 hour emergency call out number

CUSTOMERS

• 100% domestic customer base
• Servicing customers throughout North and North West London, Enfield, Barnet and Hemel Hempstead
• Approximately 3,000 customers on the books with excellent records maintained
• 200 customers under annual maintenance contracts
• Website attracts additional interest
• Exceptionally high repeat rate maintained

SUPPLIERS

• Consumables sourced from range of trade outlets
• Accounts with main manufacturers

STRENGTHS

• Well established
• Excellent reputation locally
• Large and diverse quality repeat customer base
• Good quality record keeping
• Location ensures potential access to large number of new clients
• Vehicle included within consideration price
• Buyer will benefit from search engine optimisation work and referrals from a range of trade based websites
• Strong financial performance with good consistent level of profit

SCOPE

• Business development activity to attract additional customers
• Expansion of customer base beyond existing geographical boundaries
• Employment of additional heating engineers
• Oil fired central heating work
• Focus on additional commercial contracts
• Ideal to be run as a family business

An Energy Performance Certificate will be made available upon request of further details where one is required for the business premises.

Location Details:

• Fully re-locatable business with customers within a sensible radius of London N15 • Ideally positioned to allow additional customer and staff recruitment within north London • Within easy striking distance of a range of potentially lucrative customers • Densely populated urban location

Lease Terms:

• Currently run from home • Fully re-locatable within North London

Trading Hours:

• Office hours Monday to Friday 9am to 6pm • 24 hour emergency number

Accommodation:

• Currently run from office at home • 2 sign written vans included within consideration price • Quantity of sundry tooling and equipment