Overview
Description
The company provides a comprehensive range of plumbing and heating services for domestic properties, working in partnership with a number of leading manufacturers to supply and install high-quality boilers, alongside ongoing maintenance, servicing and repairs.
Operating on a regional basis, the company has earned an excellent reputation in London and continues to enjoy a consistent, reliable stream of new and repeat business.
Our client is now offering the company for sale as they wish to relocate away from London.
Key Highlights
– The company is Gas Safe certified and an accredited installer for several leading boiler brands.
– Works with a wide range of commercial and private clients, including new build developers, construction companies, estate agencies and the general public.
– Over 1,500 active clients, maintaining strong retention rates, with approximately 90% of clients providing repeat business and some relationships spanning over 20 years.
– Highly skilled and loyal workforce in place, capable of managing day-to-day operations on an ongoing basis.
– Operates from well-connected leasehold premises based in London.
Financial Highlights
– The company achieved turnover of circa £900k in YE22, with an adjusted EBITDA of £165k.
– Maintains consistently strong gross profit and adjusted EBITDA margins, averaging 36% and 19%, respectively, across the last four years.
Is this business relocatable:
Is stock included:
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