Plumbing and Heating for sale

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Well established Heating & Plumbing specialist

  • Price: £89,995
  • Turnover: £158,649
  • Gross Profit: £50,926
Seller Reference: B05972
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Business Description
 
 
 
 
 
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Seller Reference: B05972
Request Details
Business Description
Business
Please quote reference B05972

Hilton Smythe are delighted to present to the market Durham Plumbing & Heating, a highly regarded and professional independent plumbing & heating specialist with over 40 years of experience within the industry. 

The ‘Turn-key’ opportunity is now been offered for sale due to our clients wish to now retire.

Our client covers an affluent area with the following services –


  • Central Heating & Boiler installation – fully certified gas safe engineers safely complete both domestic and light commercial gas works including full installations, boiler changes, system upgrades, power flushing, landlord certification, boiler servicing & breakdowns.

  • Boiler servicing – required by many insurance companies on an annual basis and a legal requirement for Landlords

  • Replacement boilers – a free advice service is offered prior to any installation to ensure the replacement boiler is the right size, efficiency and price for each customer.

  • Bathroom installations - a complete design and fit service from simple replacements to complete transformation of any size bathroom which will include new showers/ shower cubicles, baths, sinks, sanitary ware and bath units to new flooring and wall tilling.

  • Maintenance – from repairs of a leaky pipe, a cold radiator, no running water, slow running bath water.


Primarily a business who look after the domestic customer market, they an also undertake some small commercial work when required. We also informed there is a very good mobile home customer base in the many parks in the area.

To date, the company has serviced over 20,000 customers with many client details to be transferred with the sale.

We are informed most of the work carried out is from referral & recommendations

All work carried out is guaranteed for a 12 month period from the date of installation.

Current advertisement platforms include –


  • Checkatrade – a renowned review site for this type of business. There are over a 100 customer reviews on this site with an average score of 9.97!

  • Yell.com

  • Pumpkin

  • Berkshire magazines


Currently there is no social media presence, any new owner would benefit from adding a new Facebook page.

Please note – our client currently works alone with 1 x apprentice which makes the business a lot more profitable than 2019

Key selling points include –


  • Excellent reputation

  • Fully equipped business

  • Handover offered

  • Opportunity to grow

  • Apprentice in place

  • Excellent website included



Location
Durham Plumbing & Heating is an independent business only opportunity offering services throughout Wokingham, Bracknell, Ascot, Earley, Sunningdale, Sunninghill, Bagshot, Sandhurst, Maidenhead, Reading, Crowthorne and many more towns within the Berkshire area.

We are advised our client covers a radius of around 10-15 miles from his home in Wokingham.

Premises
We are advsied that the business has no premises, as its currently run from our clients home. 

Tenure
We are advised that the business is being sold on a relocatable business only basis. 

Hours
We are advised that the business doesn't have any set hours. 

Staff
At the time of the instruction, we are advised that the business is owner run and managed, with the help of 1 apprentice.

Financial Profile
We are advised that as per the 2019 accounts, the business generated a turnover of £158,649, with an adjusted net profit in the region of £40,000. Further accounts can be made available upon further request.  

Please quote reference B05972

Is this business relocatable:
Yes
Listed by:
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