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GD049-Heating Maintenance & Repair Company

Asking Price: GBP 1200000
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Business Location: United Kingdom » York » East Yorkshire 
Category: Services » Miscellaneous Repair Services
Description:
Heating Maintenance & Repair Company
Confidentially offered for sale
Ref No: GD049
Location:
East Yorkshire
Asking Price: £1,200,000
Started in 1985, this family business has grown significantly year after year to its position as the leading heating maintenance company in East Yorkshire.

Initially the business was set up as a heating and maintenance repairs, but in 1989 the first maintenance contract was signed for the domestic market and they have never looked back.
There are now over 3,500 customers signed up on maintenance contracts as well as many other clients who use the companies services on a pay as you go basis.

As a service provider the company gives a round the clock all year round call out facility, all to customers within a fifty mile radius. Installation of new appliances is another facility and service the company offers, many of which then become maintenance customers.
Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue
N/A
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:  
Business Area: no
Year Established: 1985
Is Relocatable?:
Yes
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: Yes
Number of Employees: 9
Reasons for selling:
The present owner would like to purue other interests.
Market competition and expansion:
Marketing of the business has mainly been with leaflet drops, these have taken place every two years or so. This is an effective marketing strategy which has been very successful in increasing sales and has showed a good return. The last effective mail shot took place over an 8 week period ,delivering 8,000 leaflets each day within a 50 mile radius of the head office.On average this brought in circa 20 new clients per day. The company has a website and the vendor recognises that investment in updating the company website would be a valuable asset.
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