£250,500.00

 (Fixed)

Description

Type : Sell
Warranty : No
Location : Larkhall, South Lanarkshire, UK

Intelligent Business Transfer are pleased to bring to the market this well-operated and respected business which is favoured by clients for its outstanding services.

Established in 2014, the business has experienced significant growth year on year through specialising in the maintenance and repair of gas appliances, which includes fitting gas boilers, installing heating systems as well as offering a variety of other related services.

In doing so, it is expected to generate high annual takings in excess of £250,000, with high net profit margins in the region of £85,000 for the 2017-18 financial year.

This is an ideal platform for an existing company looking to expand its customer base and grow through acquisition. It will also suit an owner-operator/gas engineer looking to acquire a business operating in this industry sector with an established reputation.

With a solid infrastructure in place, this is a thriving platform which is ready to run. There still exist however, a number of ways in which this business could be grown further.

Through expanding the area it covers out of Scotland, the business could effectively grow its client base and increase its yearly takings.

At present, its workforce is made up of subcontractors. Through employing an in-house team of professionals, the business could save money and operate more efficiently, without relying on external services. With a larger workforce it could operate cover the entire region more easily.

Securing more high value contracts like the Macwright and B&Q ones it currently has, would guarantee further repeat custom. The Macwright contract is worth £80,000 per year alone and the B&Q is worth £70,000-£90,000.

Intelligent Business Transfer are searching for a suitable buyer. The vendor is willing to aid the transition for up to one month.

 

 

Location

Larkhall, South Lanarkshire, UK
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