• 2023 Turnover £571,784
• 2023 Adj. EBITDA c.£115,000
• 5 Employees & 2 Directors
• Owner Operator
• Strong Local Reputation
• Well Established
• Retirement Sale
• Wide Scope for Growth
Offers invited for a 100% Share Purchase
The Business:
This independently run Heating Engineers delivers a variety of services to a wide range of clients in its local area, these services include (but are not limited to):-
→ Boiler Repairs, Servicing & Maintenance
→ Central Heating Repairs ~ Gas, Oil & LPG
→ New Boiler Installation
→ Gas Safety Certificates
→ Range Servicing ~ Aga, Rayburn, Stanley, Esse etc.
The business is both Gas Safe and Oftec registered, with excellent scope for further growth. They are often turning away work outside of their area or due to the existing workload.
Customers:
At the time of writing the company has no dependency on one specific client base, instead the revenue is split broadly amongst a range of regular repeat customers, returning customers and one-off/ad-hoc requests.
Work flow patterns are typically seasonal, with breakdown works representing a high percentage of revenue during the winter months and servicing etc in the warmer months.