Well established Heating Installation business for sale

Business
Please quote reference B06072

Established in the 1990s, the company is a Scotland-based fireplace design and installation business, providing a full-spectrum service comprising design, supply, and installation of gas, electric, and wood-burning fireplaces.

With two showrooms, the company has good market coverage of South-East Scotland, with good access to major road networks.

The business benefits from a dedicated team of 9 staff, I of which is part-time, who are well-equipped to ensure business continuity.

The company’s unique value proposition comprises:

• Established presence: Over 30 years of successful operation in Fife, Edinburgh, and the Lothians.
• Comprehensive services: Bespoke design, supply, and installation of gas, electric, and wood-burning fireplaces for residential clients.
• Reputable partnerships: Approved agents for leading brands like Stovax, Gazco, and Nu Flame.
• Showrooms: Two strategically located showrooms.
• Experienced team: Two Gas Safe and Hetas registered installation teams ensure quality workmanship.
• Financial performance: Consistent turnover and profitability.
• Growth potential: Opportunities to expand reach through targeted marketing campaigns.

Financial profile

The company boasts a robust financial profile, having turned over £862,055 in 2022 with an adjusted EBITDA of £227,446.

Investment opportunity

The company offers a unique opportunity to acquire a profitable and well-established business with potential for further growth. The company’s strong reputation, consistent financials, and experienced team make it an attractive investment for companies seeking to enter the fireplace market or expand their existing operations.

Location
The main office and showrooms are located in Scotland. The location gives ease of access for customers to the major road networks. There is also a good level of footfall in the location of the showrooms.

Premises
The business comprises a large showroom, separate office, storage space and toilets. It also has an external store and parking in front for 6 vehicles. It has separate entrance doors for public and deliveries which are secured with roller shutters. The two showrooms are strategically located. 

Tenure
We are advised that the business is being sold on a Leasehold basis, with 4 years remaining on the 10 year lease. 

Hours
Monday- Closed

Tuesday- 9.00am- 5.00pm

Wednesday- 9.00am- 5.00pm

Thursday- 9.00am- 5.00pm

Friday- Closed

Saturday- 10am- 4.00pm

Sunday- Closed 

Staff
We are advised that the business has an experienced team in place.

Financial Profile
Turnover IRO- £862k for 2022.

• Prospective purchasers will be required to sign an NDA.