Intelligent Business Transfer are delighted to bring to the market this superb opportunity to acquire a plumbing and heating company in the East Midlands.
The business has been established for nearly 50 years and has experienced substantial growth since then. The business offers their clients a range of plumbing and heating services including kitchen fitting & central heating installation.
The company has three showrooms at three different locations across the East Midlands and has built a loyal customer base and great reputation in each of these communities.
A potential buyer would also benefit from a large database of clients the business holds, which ensures sales revenue in the region of £500,000 on an annual basis.
The turnover of the business for last year was £1,966,386 with an impressive adjusted net profit and gross profit figure.
A potential buyer could increase the sales revenue significantly if they were to proactively seek new clients and advertise more effectively, with the help of a large sales team. A potential buyer could also use the great reputation of the business to open showrooms in other towns in the region.
The vendor is looking to sell to pursue other business interests. The business has a great reputation and an impressive sales revenue, which would make this a perfect bolt on acquisition for a larger company.
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