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Industrial Heating Business in Nottingham

Nottingham, Nottinghamshire, England

  • Price: £39,000  Price Reduced arrow_drop_down
  • Annual Turnover: £187,238
  • Annual Net Profit: £52,209
Seller Reference: 02142
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Business Description
 
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Seller Reference: 02142
Request Details
Business Description

Intelligent Business Transfer are delighted to bring to the market this superb opportunity to acquire a commercial and industrial heating company in Nottingham.

The business has been trading since 1997 and has built an unbeatable reputation in the industry due to their level of service, quality of work and competitive pricing.

The business offers industrial and commercial clients a range of services including the installation of radiant heating systems, warm air heating, wet heating systems, gas and water pipelines. The business can boast a loyal customer base and impressive financial figures.

The turnover of the business for last year was £186,281,with an impressive adjusted net profit figure, which is in excess of £30,000.

These financial figures have been achieved with minimal advertising and limited trading. If a potential buyer were to increase the advertising of the business using SEO and pro-actively seek new clients, the sales revenue would increase dramatically.

The vendor is selling the business due to retirement. The business would suit an experienced heating engineer looking for an established business or a larger company looking for a lucrative bolt on acquisition.
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