Commercial Heating for sale in Glasgow City

View the "Commercial/Industrial Heating & Ventilation Company Gas Safe/BESA - Nr. Glasgow, Lanarkshire, Scotland" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Commercial/Industrial Heating & Ventilation Company Gas Safe/BESA - Nr. Glasgow, Lanarkshire, Scotland

Glasgow City, Scotland

  • Leasehold Price: £139,000
  • Annual Turnover: £405,000
  • Annual Gross Profit: £163,000
Seller Reference: GJ037
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Business Description
 
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Seller Reference: GJ037
Request Details
Business Description
This well managed business was set up by the current vendor some 27 years ago and has established itself as a highly reputable and trustworthy business, providing a combination of heating, gas fitting and ventilation services to the commercial and industrial markets in and around the Glasgow/Edinburgh Region. The business is fully certified to carry out works on site and has Gas Safe accreditation, so is able to provide a complete turnkey solution to its clients providing a comprehensive range of services, whether it be a new installation or repair and/or maintenance.

The company provides services primarily to the commercial market and has a very impressive regular customer base. Clients are typically based locally, nevertheless, the business does offer services to some clients further afield if so required. Typical clients include local authorities (for whom they are an approved contractor so no tendering is required for many of the works), schools, colleges and private companies. The majority of revenues (circa 70%) come from the public sector.

The business has worked on some large high profile projects over the years and continually has the opportunity to bid for works that could significantly increase its current turnover. The business enjoys very high levels of repeat business and has a loyal customer base due to the quality of its customer service. The company is known for its professional attitude hence its high levels of customer retention.
Trading hours:
Mon – Thurs - 8.00am – 4.30pm Fri- 8.00am -2.30pm
Number of employees:
04
Tenure:
Leasehold
Competition:
The business does very little in the way of self-promotion and marketing, preferring to rely on repeat business and referrals to generate sales. However it does have its own basic website and listing in BESA Year Book, Gas Safe and Yellow Pages.
Support and Training:
The current owner would be happy to provide full support at handover. The full time staff would make the transistion relatively straightforward as the vendor is very much part time (one day a week) and not involved in the busienss on a day to day basis.
Location Details:
The business operates from leasehold premises located on a well-known industrial estate with excellent access to the road network. Circa 2000 square feet unit housing offices, store and workshop (Built circa 1982). We are advised the vendors pensions fund owns the property so a new lease agreement would be made available subject to negotiation. Relocation would not be an issue should a new owner so require.
Leasehold Term:
Nr. Glasgow, Lanarkshire, Scotland Current rent is circa £12,000 p.a. We are advised the business benefits from small business rates relief.
Is this business relocatable:
Yes
Listed by:
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