ID : 39154
Established since 2007
Annual turnover £117,000
Operating 3 days a week
Relocatable within London or outskirts
12 Month handover period offered
182 Contract customers
ISO 9001:2015 certification
EPC – Not required
INTRODUCTION
Viscount Fire Safety is a well-established, highly reputable and profitable business specialising in most aspects of fire safety with ISO 9001:2015 Certification and has 182 contract customers.
LOCATION
The business is currently located in south west London and needs to relocate. The business can be relocated to any part of London or within the commuter belt and the home counties.
REASON FOR SALE
Genuine retirement on behalf of the main owner and his son-in-law, who is the engineer, and who is due promotion at his main place of work. This will preclude him from having any secondary employment.
STAFF
No staff will be transferred to new owners, however the current owner is willing to offer an extended handover period of up to 12 months if required.
FINANCIAL DETAILS
These impressive figures of a turnover for 2017 of £91,457 with a gross profit of £43,319 and a Net Profit of £32,336 has been achieved from operating a 3 day week, the forecast for 2018 is a turnover of at least £117,000.
SUMMARY
A well-Established and reputable business that works in all aspects of fire safety, has 182 contract customers, has certification in the following:
• ISO 9001:2015 Certified
• BAFE Certification
• Members of the FIA
• V happy to help with BAFE and FIA process, takes about 3 months
• CHAS Contractors Health & Safety Scheme
• Certified Hazardous Waste Carrier
Covers mainly the whole of the London area but also has clients out as far as Suffolk.
The buyer will require BAFE and FIA certification which if not already certified can be obtained within 3 months with the assistance of vendor as part of an offered up to 12 month handover period. The business has plenty of potential and generates a healthy profit from operating just 3 days per week. An ideal first time buyers business or a bolt-on opportunity for an existing business working in a similar or allied sector.