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Commercial Plumbing & Heating Business Gas Safe Registered

Ref. GD111

Location : Staffordshire/Cheshire Border (Fully relocatable)

Asking Price : £80,000

Turnover : £143,000

Net Profit : £90,000

Gross Profit : £98,000

EBITDA : Undeclared

Net Asset : Undeclared

Premises : Not Included

Confidentially offered for sale

  • Turner Butler

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Asking price includes:

Turnover for last financial year circa £143,000 p.a.

Gross Profit for last financial circa £98,000 p.a. (68%)

Profits available to the vendor for last year circa £90,000 p.a.

Blue Chip client base Approved supplier status

Very low overheads

Over 20 years successful trading

All plant and equipment Gas

Safe Registered Support and training



Business Profile

This well managed business was set up by the current vendor some 24 years ago and has established itself as a highly reputable and trustworthy business providing a combination of plumbing services to the commercial market in and around the Staffordshire/Cheshire region. The business is fully certified to carry out works on site and has gas safe accreditation so is able to provide a complete turnkey solution to its clients providing a comprehensive range of plumbing and heating services.

The company provides services primarily to the commercial market (approx. 85%) and has a very impressive regular customer base. Clients are typically based within a 40 mile radius but the business does offer services to some clients further afield is so required. Typical clients include large construction companies and their specialist M & E (Mechanical and Electrical) divisions, Building Consultants who list this business on their approved supplier lists as well as schools and colleges in the region.

The business has worked on some large high profile projects and continually has the opportunity to bid for works that would double (if not treble) its current turnover. The business enjoys very high levels of repeat business and has a loyal customer base due to the quality of its customer service. It is known to be a “perfectionist” hence its high levels of customer retention.

Customer Service:

As a Gas Safe registered company this business provides high quality work that meets all the necessary health and safety standards. It has a very good safety records and its customers enjoy superb levels of services. This is reflected in the high number of referrals the business enjoys.

Key Strengths:

The strengths of this company include its accreditations, reputation, product knowledge, and its technical expertise. It is able to provide clients a turnkey solution. Because of this it benefits from being on the approved tender lists for various organisations in the region including building consultancies, large construction companies and end users.

The range of services supplied by this business offers the ultimate in quality, design flexibility plus affordability and attention to detail. The business has earned and maintained an impressive base of satisfied clients.

Key Opportunities:

Approximately 85% of current work is commercial. The vendor has to date been selective in the business he has bid for and taken on, particularly over the last 2 years. There is huge scope to grow the business both with existing customers and targeting new clients within the region.

Growth and Expansion

The business has had regular revenue streams to date. Further investment and expansion would offer potential for the business to expand its operation further with a more proactive approach to sales. The vendor has never really looked for work and concentrates on his core client base. Many of these clients have large plumbing and heating requirements (both projects and existing site maintenance) that can run into hundreds of thousands of pounds but the vendor does not chase the larger projects through choice. A new owner with larger infrastructure could certainly tap into this further relatively easily. They could also look to introduce maintenance contracts and emergency call out services if so required.

Financial profile:

The business is being offered for sale on a going concern basis: all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

Turnover for last financial year circa £143,000 p.a.

Gross Profits circa £98,000 p.a. (68%)

Profits available to the vendor for last financial year circa £90,000 p.a.

Turnover has been considerably higher historically and there is no reason why a new owner cannot increase current levels by taking on more of the opportunities the business has at its disposal.

Asking price of Offers in The Region Of £80,000 is based on cash free debt free basis.

Asking Price:

The Asking Price of Offers In the Region of £80,000 is for the assets and goodwill of the business

Advertising and Marketing:

Existing customers are the best advertisement for the business with word of mouth recommendations consistently generating new work and enquiries. The business undertakes no advertising or marketing such is the reputation it enjoys. A new owner could certainly increase this to help grow the business. The business could certainly benefit from an online presence.


The business is run from a home office environment so there are no premises associated with the sale. The business is truly relocatable.

Business Hours:

As required


The vendor, a plumber by profession, works full time in the business and multi-tasks including site work. His wife carries out some administrative duties but this is literally just a few hours a week.

The business also utilises trusted sub-contractors whom it was worked with for several years, as required

Support and Training:

The vendor will provide a comprehensive handover to ensure a seamless transition of ownership. He may also be prepared to stay on in the business should a new owner so require, subject to negotiation.

Reason for Sale:

Planning retirement / health reasons.

Looking for finance ?

If you are looking for finance to fund your business purchase then we recommend that you talk with our independent finance broker. Because of his many years working at a senior level for a major high street bank he has had more success with finance applications than anyone else we know. He has helped numerous purchasers of businesses that we are selling, including buyers who have been turned down by their own bank! Call us today on 0800 046 1652 or email us at finance@turnerbutler.co.uk

Turner Butler Disclosure Statement

This statement applies to information relating to any company or other undertaking or business advertised for sale by Turner Butler (a 'Business')

The information supplied by Turner Butler on its website or in any other promotional material ('the Information') is not and is not intended to constitute an offer for sale of the Business or any assets of the Business or of the shares of any company which owns the Business.

For the avoidance of doubt there is no intention to create a legal relationship which will only come into existence when a written contract for sale and purchase of the shares in or the Business has been entered into

The Information provided is not intended to address your particular requirements. Further the Information does not constitute any form of advice recommendation representation endorsement or arrangement by Turner Butler and is not intended to be relied upon in making (or refraining from making) any specific decisions.

Any agreements transactions or other arrangements made between you and any client of Turner Butler are at your sole risk and responsibility. The prospective sellers of the Business have provided the Information to Turner Butler. The Information has not been verified by Turner Butler.

You must carry out your own due diligence and satisfy yourself as to the accuracy of all matters. In the case of the sale of shares in a Business the Information has been prepared on the basis that the shares will consist of or include more than 50% of the voting shares and that both the seller and the buyer is either a body corporate, a partnership, a single individual or a group of connected individuals so as to fall outside the scope of regulated activities as defined by the Financial Services and Markets Act 2000. If you are considering a transaction which falls within the scope of such regulated activities you cannot do so through Turner Butler.

Appropriate professional, legal and accountancy advice should be obtained before making or refraining to make any decision.

Turner Butler does not accept any responsibility or liability for loss or damage of any nature that may occur by reliance on the Information. Neither Turner Butler nor any of our employees or agents makes any representation as to the completeness or accuracy of the Information nor do we accept any liability for any losses, costs, liabilities or expenses which may arise directly or indirectly from your use of, or reliance on the Information.

This document is governed by and shall be construed in accordance with English Law and any dispute arising in connection with it shall be subject to the non-exclusive jurisdiction of the English courts

Turner Butler
Ickenham House, 2-4 High Road, Ickenham, Middlesex, UB10 8LJ
Telephone 01895 25 6000 Facsimile 01895 678532