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Sun, May 31 2020 04:24:23 PM  |  /

Oil & Gas Boiler Service, Repair & Installation Company

Business Id:000280     |    Reference: AL247
Price:
£500,000.00
Business Description

Oil & Gas Boiler Service, Repair & Installation Company
Extremely loyal South Oxfordshire & Berkshire client database
Ref. AL247
Location : Oxfordshire Relocatable
Asking Price : £500,000 Inc. vehicle asset

The firm has developed, over time, long term relationships with larger customers with multiple units, requiring regular maintenance and servicing, along with many other domestic customers requiring services for a single home unit – of course, there are the many call-outs during the Winter months when customers find themselves running out of oil and needing emergency attention.

The company has become known as a reliable, quality-focused, service provider with particular expertise in oil boilers, where the focus is on a complete understanding of the special requirements of domestic oil appliances. Similarly these company traits serve just as well for the other areas of business, which is in the servicing and repair of gas appliances.

The business enjoys very strong referral rates and is subject to much more demand for services than can be provided.

Key Strengths:

• Business process
• Enviable reputation in the region it serves
• Exceptional levels of service
• Highly reliable staff

The business has enjoyed steady trading over its lifetime and this is expected to continue in light of its growing and loyal customer base. The clearest opportunity to grow the business would be by simply agreeing to the level of demand that the company enjoys by employing suitable staff and by engaging in specific marketing campaigns backed by its strong reputation.

This is a unique opportunity to purchase a grown and matured business. It is a well-structured company generating excellent profit margins with excellent growth potential.

The business is being offered for sale on a going concern basis: all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

Net Profit circa £193,000 before Director’s drawings
Asking Price:

Advertising and Marketing:

A high proportion of the business s revenue has been due to its excellent reputation for quality and service and the business regards its existing clients and partners as its best advertisers, maintaining an impressive database of private clients, whilst continuing to attract new referrals and recommendations.

The business is managed from the vendor’s home office.

Usual office hours are Monday – Friday: 8.30am – 5pm

The business employs a reliable team of sub-contractors for appliance installations.

The vendor is happy to provide support and training for a negotiated period.

Reason for Sale:

Looking for finance ?

If you are looking for finance to fund your business purchase then we recommend that you talk with our independent finance broker. Because of his many years working at a senior level for a major high street bank he has had more success with finance applications than anyone else we know. He has helped numerous purchasers of businesses that we are selling, including buyers who have been turned down by their own bank! Call us today on 0800 046 1652 or email us at finance@turnerbutler.co.uk

 

Business Information
Turnover:£372,000.00 Annually
Profit:£193,000.00 Annually
Is this business relocatable: Yes
Business Sector: Construction businesses, Heating and Plumbing Shops, Home & Garden Services
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