Total of 18656 firms and businesses for sale today Sunday 28th April 2024
Time to Sell or Time to Buy !

Sold. Mechanical Services Group, Commercial, Industrial &domestic, Gas And Heating Installations, Sola

LISTING DETAILS
Firms For Sale ID:
29514
Vendor reference:
EV008
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£1,600,000  
Turnover / revenue:
£4,000,000
Net profit / cashflow:
Undisclosed

OTHER DETAILS
Reason for selling:
Following the successful sale of the business the owner wishes to retire.
Support and training:
The vendor is happy to provide full support and training to the successful purchaser for a negotiated period of time. ….
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Mechanical Services Group, Commercial, Industrial &Domestic, Gas and Heating Installations, Solar Thermal Systems,Asbestos Removal & Legionella Control
Ref.EV008
Location Romford, Essex
Asking Price £ 1,600,000
This well established company is based in the Romford area of Essex. The business provides a range of heating and environmental solutions to both domestic and commercial customers.

The specialist services provided include central heating, plumbing services, gas work, water chlorination, non-licensed asbestos removal and legionella works.

The business is a member of Gas Safe and The Institute of Plumbing and offers customers a personal, fast and reliable service, with all work completed to a high standard of workmanship.
The company also benefits from registration with Constructionline, CHAS and EXOR.
The company is also ISO 9001 & ISO 14001 accredited.
MCS (microgeneration scheme accreditation) is also included to ensure clients are able to claim back renewable energy government grants (RHI- renewable heat incentive grants) when they are applicable for solar thermal installations.

With lucrative contracts in place across London and the South East, the business is highly competitive and professional. A high percentage of business is undertaken working directly for Local Authorities, Housing Associations and large constructors.

Enthusiastic staff are extremely knowledgeable and put these skills to work across all aspects of the services on offer, this dedication extends to working in a close and considerate fashion in residents homes and also in occupied premises.

An excellent service is provided at all times with key assets found in the established business relationships and established repeat customer base. The quality standard assures clients that whatever the problem, large or small, it will be taken care of quickly and efficiently.

Expansion Potential
The business has enjoyed steady growth year on year both in terms of sales revenues and profitability. This trend is expected to continue such is the demand for its wide range of services. The business has many different revenue streams and a diverse client base that means it is ideally positioned for continued growth. A high percentage of work is achieved via referrals, repeat business and approved tender lists. With a more proactive sales and marketing function a new owner could significantly increase revenues and turnover within the business, both with existing and new clients.

Market / Competition / Non-Competition Agreements
The business advertises through all major directories, local press and generates new business from trade awareness and the finest form of marketing, word of mouth recommendation. In addition, all vans are sign written.

These methods are used to maintain strong customer rapport to get that repeat business, valuing the customers and striving for the best in customer service and customer retention at minimal cost.

The company has a professional website that showcases the company and its services perfectly.