Commercial heating and maintenance business for sale – (Ref. 1180)

An excellent opportunity to acquire a well established, highly profitable, boiler heating and maintenance business for sale, dealing with an extremely valuable and sought after blue chip customer base.

The business has been successfully trading for over 30 years and benefits from a highly qualified, self motivated team of engineers, where the business has developed a fine reputation for service and reliability. This has led to over 80 individual contracts for the regular servicing of boiler installations, responsible for £500k of turnover alone.  The business is cash positive with turnover at £1.4m with a healthy 52% Gross Margin.

The business operates with low overheads and has leasehold premises where the freehold can be purchased if required. Relocatable within the South East area. Retirement sale.

Turnover: £1.4m, Gross Profit: £765k, post tax Net Profit: £280k

Project on hold

 

Reference No: 1180

Turnover: £1.4m

Net Assets: £1m+

Freehold Property: Leasehold property but Freehold available if required.

Asking Price: Offers invited