Maintenance Contracts for Domestic Boilers Company

This is a unique opportunity to acquire a business with a captive market for the maintenance of household domestic boilers. This Corgi Registered business was established in 1980 and specialised in the installation and maintenance of domestic central heating, cookers, water heaters and gas fires. Over recent years it has refined its activities to the market and sale of maintenance contracts for domestic heating boilers. Its main focus of attention is Fagor Boilers and it is the only company in the UK capable of offering this service to Fagor customers. The company also maintains other brands of boilers including AWB. What it does There are three thousand five hundred Fagor domestic boilers in South Wales alone. These are all under five years old and the company has the ability to service all these owners and to sell them an on going service package which is unavailable anywhere else in the UK. Location The business is presently located in South Wales at the private residence of the owner. It is therefore relocatable. Clients The business has circa three hundred and fifty active clients. Key strengths The proprietor is the only heating engineer in the South Wales offering maintenance contracts and who has the experience and technical expertise to service these specific boilers. The relationship with the key franchise holder for these boilers is superb with a free flow of information on the majority of installations carried out. Spares are easily available at short notice making the cost of carrying a large stock of spares unnecessary

Domestic heating engineers with an established business will find this a superb opportunity to add value to their business without incurring a significant increase in overhead. The positive cash flow of the company makes the acquisition even more attractive. There is a huge potential to market the entire database of owners of these boilers and to capture a huge number of on going service contracts giving perfect cash flow forecasts, guaranteed revenue streams and known profitability. A straight forward canvassing strategy would grow the business at a controlled rate for the foreseeable future.

Fagor boilers are not a gas board listed appliance and therefore they are unable to offer a maintenance contract. In short there is no competition.