Air Conditioning Ventilation & Refrigeration Manufacturers and Installers
Ref.IA002 Location Hereford Asking Price £ 450,000Confidential offered for sale | |
Sales revenue is circa £540,000 per annum,
Gross profit exceeds £360,000 per annum.
Shareholders funds circa £270,000
Asking price includes
The company is fully experienced in handling specialized projects
A long and respected reputation in the air conditioning industry
Specialist knowledge of ventilation and refrigeration industry
Substantial number of annual maintenance contracts
A trusted and respected brand within the industry
Qualified and highly skilled technicians
Established client/customer base
Computer administration system
Office furniture and equipment
Complete Turnkey Operation
Informative Website
Excellent premises
Computers system
Security System
Great location
Advertising
Goodwill | | Finance available to buy this business subject to status. All regulated business is passed to independent financial advisors who are regulated by the FSA | Business profile: | Specialist manufacturers and installers of ventilation, air conditioning and extraction systems to provide clean, cool and fresh air for catering, commerce, industry and agriculture across the UK.
This professional business manufactures and installs systems to monitor and control ambient environmental conditions for customers. Every customer has individual needs, therefore every solution is custom built to specific requirements.
Fully conversant with all current planning, hygiene, and noise and safety legislation, the business builds and installs systems to comply with all legal requirements. Ventilation systems can be custom designed and built to suit individual needs, replacing unpleasant stuffy atmospheres with purer, filtered air.
The business started commencing in 1999 and are recognised as experts in the industry. No job is too big or too small, installing the smallest mobile 7500BTU/hr units through to purpose built design solutions.
In many situations air conditioning is a necessity and the business provide a comprehensive site appraisal before installation. These installations can range from machine rooms for sensitive computer equipment to specialist applications such as mortuaries and always add value and efficiency to the site. Every installation is different so extractors are individually designed and built to suit.
Newly harvested crops, such as potatoes, onions and grain, need special storage conditions to retain their maximum value, this business also installs crop-store thermal fogging systems to keep crops in the best possible environment, keeping customers agricultural profits intact. These systems are very easy to use with full computer control over all aspects of the storage cycle. | Key strengths
The position as a UK market leader with specialist knowledge earned over 35 years in the industry, has enabled the business to specialise in the expert design, installation, maintenance and servicing of refrigeration and air conditioning equipment.
The business has achieved a distinct competitive advantage through its use of the latest refrigeration and air conditioning handling equipment, ensuring that the projects are completed ahead of schedule at competitive prices.
This company maintains a broad, loyal customer base, with its expansive product knowledge, and its technical expertise it is well respected for its honest, reliable and friendly approach, which has created a strong trading base.
Key opportunities
This firm maintains an extensive base of satisfied clientele, who appreciate superior service. There are many excellent avenues for growth, especially with additional staffing and further promotion of refrigeration and air conditioning within the appropriate market sectors.
There is an excellent opportunity to build on the existing base of this company. With a strong demand for services and capacity to increase turnover, a new owner would contribute fresh ideas and outside influence to build on an excellent base.
With rising global temperatures during the past two decades, and other changing local climate conditions affecting human health, there is an ever-increasing demand for air conditioning and ventilation systems. | Employees
The managing director is responsible for the day-to-day management of the business, supported by a team of ten dedicated and skilled staff.
Staff training is both extensive and continuous, providing clients with a high quality of service. | Premises
This business is based on a thriving industrial estate with ample parking outside, surrounded by open countryside and with excellent access to motorway and arterial roads.
Ten miles from a major town this business is based on the fringes of an award winning most attractive half-timbered village, with cottages that date back to the 14th century.
The leasehold property benefits from a new six-year lease from 1st April 2004, with the current rent being circa £14,500 per annum. | Quality Assurance
Quality comes high on the list of these businesses priorities; the mission of the business is to provide customers with the highest possible quality equipment, service and safety options, and is further endorsed with company certificates achieved for thermal fogging installations and safe handling of CFC’s gases.
Advertising
Yellow pages, local press, trade awareness, trade magazines, direct mail, leaflets and brochures and the finest form of marketing, word of mouth recommendation are used to advertise and market this business.
The business also advertises through the use of a user friendly, well-designed web site, registered under the trade name of the company. New business is also generated from client referrals, bearing strong testimony to the business’s excellent reputation within the industry. | Growth and Expansion
The current level of investment should bring | | 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.
The business is financially stable with no borrowings, low overheads, positive cash flow, no debtors, enjoys a Strong Order Book, high gross and high net profit and has shown consistent strong growth in profits.
Sales revenue is circa £540,000 per annum, with a gross profit exceeding £360,000 per annum. | | Support and training
The owner will provide full business familiarisation, training and handover. | Reason for sale
A stage has been reached where the owner wishes to retire and is offering the business for sale not only a going concern but with further significant growth potential. | | 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. Appropriate professional, legal and accountancy advice should be obtained before making or refraining to make any decision. Turner Butler does not accept any responsibility or liability for loss or damage of any nature that may occur by reliance on the Information. Neither Turner Butler nor any of our employees or agents makes any representation as to the completeness or accuracy of the Information nor do we accept any liability for any losses, costs, liabilities or expenses which may arise directly or indirectly from your use of, or reliance on the Information. This document is governed by and shall be construed in accordance with English Law and any dispute arising in connection with it shall be subject to the non-exclusive jurisdiction of the English courts Turner & Co (GB) Limited registered in England and Wales under company no. 2477988 of registered office Savoy House Savoy Circus London W3 7DA, trading as Turner Butler © Shaun Sweeney October 2006 |
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