Opis:

Leasehold/Relocatable

Asking price: O.I E O. £350,000

Asking price includes:

Turnover is circa £818,580 per annum
Gross Profit of £316,233
Net Profit £101,275
EBITDA £138,281

Loyal experienced workforce
Excellent reputation
First class client base
Maintenance contracts
Referred business

Business profile:

Established in 1998 by the vendors, this highly experienced specialist operates in the supply, installation and maintenance of everything to do with air-conditioning and refrigeration, with 15% being maintenance contract work.

The business primarily supply and install air-conditioning systems predominantly to a growing market of wealthy high end residential home owners in London. (latest project is a £100 million home in London), plus they have commercial custom from blue chip companies and prestigious London stores, taking great professional care to select the systems that are ideally suited to clients individual use.

The business are main dealers for all major air-conditioning supply companies and are Construction Line and Safe contractor registered.

Customer Service:

The business provides the highest levels of customer service working one-to-one with clients to ensure that they provide them with the products and service they require, focussing on surpassing expectations at every stage of the process.
Key Strengths:

The business has grown on a great reputation for their professional approach to providing quality and service and are experts in meeting the air conditioning and refrigeration requirements for both domestic and commercial clients.
Growth and Expansion:

To date the business has invested little in the way of marketing so investment in these resources could provide unlimited potential to further increase the client base and expand the same process in other cities.
Premises:

The vendors own the property and will issue a new lease to the ingoing party, if required. Alternatively the business could easily be relocated.

The property is on a rolling lease with annual rent of £15,960 and rates of £7,631.

The offices are circa 800 sq. ft. and are secured with alarms and CCTV on site.

Business Hours:

Monday - Friday: 8am - 5.30pm

Advertising and Marketing:

The business produces professional product brochures and has a highly informative website to showcase the products and services provided. It enjoys high levels of repeat business, word of mouth recommendations, tender invitations and referrals.

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.

Consistent track record of turnover and profitability. Turnover is circa £818,580 per annum with Gross Profit of £316,233, Net Profit £101,275 and EBITDA £138,281.

Asking Price:

The Asking Price of offers in excess of £350,000 is for 100% of the issued capital of the company, assuming Net Asset of £35,000 on completion (calculated on a zero cash-zero debt basis).(If required there is in excess of £320,000 cash in hand).
Employees:

The vendors employ one full time installation supervisor and sub contract an excellent loyal team of up to twenty installation and maintenance staff.
Support and Training:

Full support and training will be provided to ensure a smooth transition of ownership.
Reason for Sale:

Retirement

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.

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Turner Butler
Ickenham House, 2-4 High Road, Ickenham, Middlesex, UB10 8LJ
Telephone 01895 25 6000 Facsimile 01895 25 7777
info@turnerbutler.co.uk
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