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Domestic Heating Engineers & Installers
Location United Kingdom
Asking Price Range $250K - $500K
Gross Revenues $984982
Net Profit / Cash Flow $234514
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1977
Number of Employees 6 - 9
Relocatable Not Disclosed
Number of Employees 6 - 9
Real Estate Leased
Training The current owner will provide all necessary training and all relevant contacts to allow continuity of trading.
Reason for Sale Approaching retirement age, the vendor's feel the business is superbly placed to be taken on to the next phase of growth by new owners bringing a higher level of energy and resources.
Description Domestic Heating Engineers and Installers of Central Heating Systems
Ref.GJ025
Location Scottish Central Belt
Asking Price œ 250,000
This business was founded 35 years ago by the vendors and has grown since to become the regions leading independent Domestic Heating Service and Installation Company, with an enviable reputation for the quality of its products, flexibility of service and reliability.
The business operates from a prime location on the outskirts of Glasgow and has established its reputation right across the Central Belt. Many current customers have been loyal to the business for many years, benefitting from the excellent knowledge and expertise of the workforce in respect of the maintenance and service of their domestic heating systems. The retention of the impressive client base is due in no small part to the business's competitive prices, quality products, first class service and attention to detail.
The business has always believed in the pursuit of excellence, installing new technology, constantly reviewing and updating its service commitment and its methods of business, as well as continually scouring the supplier market to ensure the customers receive the best possible solutions.
The business has shown itself to be resilient in the face of competitive and economic forces and has maintained strong and incremental growth over its 32 years of trading. The business is further supported by exemplary relations with key suppliers who have helped to ensure that whatever the product, service and availability is never compromised and that customers are as a result never let down. This commitment to supply chain relationships has underpinned this business's abilities in product quality and sustained business growth.
No small part in the ability of this business to grow and sustain its profitability is due to the quality of its people.
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