This business, which has been successfully operated by the current owners for nearly 40 years, has a high and increasing turnover and an excellent net profit.  The level of profitability means the business could easily be run under management if so desired.  Alternatively, it would be well suited to an owner-operator or family who wish to take a business with a very secure base and develop it to the next stage of growth.  With operating hours of five days per week (other than offering an after-hours emergency service), the return does not come at the expense of lifestyle.

This business is a clear industry leader in this region, and so would also be suitable for existing corporate businesses in the plumbing field, looking to expand into the region. This could be expected to result in overhead cost synergies, thereby capitalising further on an already strong market position.

The range of services offered includes:

• domestic, commercial and industrial plumbing;

• solar hot water;

• installation, service and repairs to gas appliances;

• asbestos removal; and

• short-term hire of various items of construction/plumbing equipment.

They have a reputation within their trade for high quality workmanship and use only the highest quality plumbing parts and fittings, and they always endeavour to exceed their customers’ expectations.

The business has continued to be a solid secure performer with room to further enhance sales through untapped markets including the government rebates available for green energy schemes, and continued new housing   development throughout the region.  Further opportunities may arise from ever-increasing regulation regarding asbestos removal.

A shrewd buyer will be able to take advantage of this business’s strong foundation in the plumbing and gasfitting industry to enhance or augment their existing business.