Total of 18659 firms and businesses for sale today Tuesday 30th April 2024
Sold. Waste Water & Sewage Treatment Plant Co.
LISTING DETAILS
Firms For Sale ID:
33582
Vendor reference:
CT036
Vendor website:
BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£1,000,000
Turnover / revenue:
£2,200,000
Net profit / cashflow:
£250,000
Years established:
1996
Trading hours:
Monday-Friday: 08:30-17:00
Number of employees:
20
Employees / staffing:
The business employs some 20 full time staff in total. The vendor has put in place an excellent structure that includes several key department managers so that the business runs itself on a day to day basis. Key staff have been with the business for many years. The vendor works on the business circa 1-1.5 days a week concentrating more on business development and new product development.
OTHER DETAILS
Reason for selling:
The vendor is planning his exit strategy and wishes to spend more time with family.
Support and training:
The current owner would be happy to provide full training and support at handover. This should be a relatively simple process as there is a highly capable management team in place. The vendor would also be happy to work as a consultant for the new owner, if required, to help maximise the many opportunities currently being developed.
Business is relocatable:
No
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
BUSINESS DESCRIPTION
Waste Water & Sewage Treatment Plant Co.
Manufacture, Supply, Installation & Maintenance
ISO9001/14001
Ref.CT036
Location Midlands
Asking Price GBP 1,000,000
This well established and highly reputable business was orignally set up by the vendor some 20 years ago and in that time it has evolved and grown into the successful multi-facted organisation that exists today. The company specialises in the supply, maintenance and repair of water sewage treatment plants, pumping stations and water harvesters on both a trade/commercial and domestic basis.
The business has also developed its own brand range, which it sells alongside many other leading manufacturers ranges of package pumping stations, spares and parts as well as providing a specialist refurbishment service to customers.
Ths company provides customers with a variety of service levels, from supply only right through to full supply and installation with the option to have a pro-active maintenance programme in place that allows for remote monitoring of the systems. This monitoring gives clients environmental credability whilst saving money and ensuring the systems longevity. It also ensures on-going revenues to the business.
Because of the companys service-led approach it has built up a very impressive and loyal customer base. The company can boast some 800 customers who it has ongoing maintenance, servicing and monitoing contracts in place with a further 1,500 clients who, whilst not offically under contract, use the companys products and services. The business is curently adding in the region of 100 new contract customers to its portfolio each calendar year.
Customers are nationwide and include local authorities, utility companies, PLCs, public bodies right down to small companies and private individuals. As well as these end user clients the business has some 100 regular trade customers.
The company has recently introduced its own brand of products and this successful launch, together with the growing levels of online spares/parts sales, is fuelling impressive growth rates of circa 20% per annum.
The company has key senior staff in place and is not vendor-reliant.
Market / Competition / Non-Competition Agreements
The business does limited advertising and marketing as it has a very large customer base already. The company has its own impressive e-commerce website and also utilises public company procurement websites. It does occasionally do some direct marketing in areas it carries out work in but could certainly benefit from a more strategic marketing approach.