Commercial Maintenance Service Company
Location : Central London/Fully Relocatable
Asking Price : £279,000
Turnover : £490,000
Net Profit : £59,000
Gross Profit : Undeclared
EBITDA : Undeclared
Net Asset : £100,000
Premises : Relocatable
Confidentially offered for sale
Asking price includes:
Turnover c. £490,000
Net profit c. £59,000
Net asset c. £100,000 (mainly cash at bank)
30 years established
Fully managed business
Very long standing customer relationships
Central London blue chip clientele
Turner Butler has been appointed to invite offers of purchase of the issued share capital of this long time established business which provides commercial installation of boilers, installation of air conditioning systems and commercial water treatment applications.
This company supply all heating and boiler maintenance for the commercial/industrial sector. They install and maintain commercial boilers, air conditioning and ventilation installations while maintaining and installing all types of commercial pumping equipment. In addition they are heavily involved in all types of water hygiene management contracts. They operate primarily across central London.
Customer service is paramount and this is borne out by very long standing relationships with a loyal and trusting customer base.
A fantastic cross section of commercial maintenance and installation services offered to a broad range of central London blue chip companies. Many are contracted, bringing over 25 years of historical repeat business. The year to date trading figures have improved significantly and this year’s profit will be higher than recorded in this sales memorandum.
The goodwill in 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 c £490,000
Gross profit c. £139,000
Adjusted net profit c. £59,000
The Asking price of £279,000 is for 100% of the issued share capital of the company.
Assuming net assets of approximately £100,000 on completion (calculated on a zero
cash-zero debt basis).
Advertising and Marketing
A zero spend
This fully relocatable business is currently run from a small office in Kent.
There are no employees.
Support and Training
The current owner would be happy to provide 3 months full support at handover.
Reason for Sale
If you are interested in receiving further information, please sign and return the attached Confidentiality Agreement. In returning the Agreement we would be grateful if you could provide us with details of your interest in this opportunity along with your funding position.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')
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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
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