Business for Sale in Stoke-on-Trent, Staffordshire Leading Boiler Services Business for Sale, Stoke-on-Trent

Leasehold Price £125,000

Business Details
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Key Information

Reference: M35719V
Tenure: Leasehold
Status: For Sale
Region: Staffordshire
Sector: Plumbing and Heating
Annual Sales: £528,758.00 Exc. VAT
Rent Payable: £1,000 +VAT per month
Business Rates: Small Business Rate Relief applied, NIL payable
Accommodation: No

Consistent YoY growth
Strong customer base across domestic & commercial sectors
Highly skilled, accredited staff in place
Eco-friendly operations with renewable heating initiatives
State-of-the-art equipment & technology
Prime location with low overheads
Vast potential for further market expansion

Business Information

Are you an ambitious individual or an established business searching for a lucrative addition to your portfolio? Look no further. We are delighted to present a highly-regarded business that has been a cornerstone in the heating and plumbing industry since 2015. Strategically located in Stoke-on-Trent, Staffordshire, this business serves domestic and commercial clients and has even carved out a niche in renewable heating solutions, positioning it perfectly for the industry's sustainable future.

With solid financials and a promising outlook, this enterprise offers a stable income and significant growth potential. As of February 2023, it boasts a compelling financial track record, including a recent turnover of £528,758 (NET) and a promising gross margin hovering around the 40% mark. The venture comes complete with a fully trained team and an already established brand, which consistently garners high customer reviews.

Accessibility and flexibility are the key attributes of its premises. Located in a well-connected area, the business premises offer ample parking facilities. Moreover, the rent and lease conditions provide either room for a reassignment (asset purchase) or an option to remain with the Ltd company through a share purchase.

For interested parties, there is also an option to acquire a 70% equity stake in Royale Boiler Services for a total consideration of £87,500, with the seller remaining operational in the business.

Key Information:

Established in 2015 with an excellent reputation
Strong financial track record with a recent turnover of £528,758 (NET)
Gross margin around the 40% mark
Renewable heating solutions as a specialisation
Flexible leasehold arrangement with four years remaining
Qualified and trained team in place
Operates Monday to Friday, 9 am to 5 pm, with some weekend work
Business rates NIL, qualifies for Small Business Rates Relief

Offers around £125,000 | Business Ref: M35719V

For more details and to register your interest, please enquire today.

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