CONFIDENTIAL SALE
FOR SALE
13/12/21
287383
Profitable plumbing and heating business for sale
Great opportunity for a share in the business or 100% acquisition of a plumbing and heating company in West Yorkshire. The business has shown amazing growth over the years. Established for over 40 years, the place has excellent online reviews. It is a superb bolt-on proposition. The business has a solid customer base with all contacts in place. The accounts are available year-end 31st October 2021. There is scope for marketing drive.
Relocatable plumbing and heating specialist: The reason for the sale is that I am pursuing other business ideas. I am looking for either a business partner or someone who would like to acquire the business, fully.
Location: Based in Leeds and serving the West Yorkshire area.
Reason for sale/merger: This business is ideally suited to a hands-on owner-operator. However, due to my other business interests being higher than anticipated, this is a unique opportunity to acquire a share in a high-growth plumbing and heating company, which offers several services. Alternatively, we would consider a 100% acquisition. It has an ideal location in West Yorkshire.
The company prioritises providing a wide variety of plumbing and heating services. They include bathroom installations, plumbing repairs, complete heating solutions, boiler repairs, and services.The aim is to provide solutions to everyday plumbing and heating problems. It is also to offer clients a level of service that is second-to-none, without all the jargon.
There is huge potential for organic growth with this business. It would be the perfect opportunity for trained plumbing and heating professionals.
Financial details: This limited company has traded solidly since its opening. It has established a strong repeat customer base. The accounts for the year ending 31st October 2021 show an annual turnover of £323277.00 and a gross profit of 58%. Full financial information is available. It has an excellent growth forecast year after year.
Get in touch for more information.
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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