Domestic Plumbing & Heating Contractors - East Devon

Price : £260,000

Business Reference No. 12769

  • Long and very well established
  • Excellent name and reputation
  • Able to rely heavily on repeat and recommended trade (and from enquiries from own website and leads from product suppliers)
  • Very capable and loyal workforce
  • Turnover £622,430 and Adjusted Net Profit £146,825 (y/e 30/09/2022)
  • Genuine and very significant scope for further expansion
  • Available with or without existing business premises
  • Retirement sale

THE BUSINESS : Established in 1962 and incorporated in 1972, the company was acquired by the current Managing Director’s father in 1972. The current M.D. joined the company in 1978 and was appointed as a director in 1997. His wife joined the company in 2004 as company secretary and was also appointed as a director in 2016, when they both jointly acquired full ownership of the company.

The company’s business is that of plumbing and heating contractors which concentrates almost entirely on domestic (rather than commercial) client trade. The writer says ‘almost entirely’ due to the fact that the business does undertake work directly for private landlords and i...

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