GD049-Contract Gas, Solid Fuel & Oil Heating for sale

Contract Gas, Solid Fuel & Oil Heating, Maintenance & Repair Company Ref.GD049 Location East Yorkshire Asking Price £ 925,000 Confidentially offered for sale

Asking price includes: Turnover circa £797,000 per annum Gross profit circa £318,000 per annum Net profit circa £158,000 Freehold property  Highly profitable business with guaranteed monthly contract income Highly skilled Gas Safe Engineers  Excellent cash flow Contract maintenance Huge growth potential Bespoke software system All tools and equipment Leased vehicles Goodwill

Business profile:

Started in 1985, this leading heating maintenance company in East Yorkshire has grown significantly year after year. Initially the business was set up for heating and maintenance repairs, however the first maintenance contract was signed for the domestic market in 1989 and the business has never looked back. There are now in excess of 3,400 customers signed up on maintenance contracts, as well as many other clients who use the companies services on a pay as you go basis. Installation of new appliances is another facility and service the company offers, many of which become maintenance customers. As a service provider the company offers a round the clock, all year round, call out facility for all customers within a fifty mile radius. Due to the nature of maintenance contracts, there is a large amount of money that is paid in as monthly direct debits or as cheques/cash paid in advance, which gives the business a strong cash flow situation. Click here to view complete information of this business