BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£150,000
Turnover / revenue:
£286,000
Net profit / cashflow:
Undisclosed
Years established:
23
Number of employees:
5
Employees / staffing:
The engineering operatives employed by the business are highly competent and fully trained to the highest industry standards.
The business employs:
1x Office Administrator
1x Key Account Manager
3x Engineers & Technicians (1x NICEIC Qualified)
OTHER DETAILS
Reason for selling:
Retirement.
Support and training:
The vendor is happy to provide support and training to ensure a smooth handover of the business. This is not envisaged to take more than six months.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The business operates from 2x leasehold units on a busy and well maintained industrial estate in South West Wales minutes away from main trunk roads including the M4 motorway.
The first unit is used as offices and is circa 800 square feet with file storage and facilities. The second unit, also 800 square feet is the fully equipped manufacturing facility, used for the companys design & build service.
BUSINESS DESCRIPTION
Market / Competition / Non-Competition Agreements
To date, little has been spent on advertising so any investment in marketing should attract additional interest and enquiries going forward.
With only word of mouth recommendations this business has maintained an impressive base of satisfied repeat accounts and clientele. It holds all the necessary accreditations and approvals to provide complete refrigeration & air-conditioning solutions.
Additional advertising and the creation of a company website, in order to showcase the services on offer, could lead to more opportunities for future growth.