Business
Please quote reference B07763
CoGoGo are happy to welcome to the market a highly rated and well respected Air Conditioning and Ventilation Contractor in Sussex.
The business was first established by our client over 30 years ago, building up an excellent reputation within the industry and a regular customer base.
It has now come to the open market due to our clients desire to retire.
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Established in 1991, the business has gained an enviable reputation for providing expert air conditioning, ventilation, and mechanical services to clients primarily throughout the South of England. They also undertake projects for regular national Clients at branches further afield.
Their regular teams of sub-contract engineers are located across the country to minimise response time and cost to the Client. Many of them have worked with for the business for over 10 years and some for 25 years. They ensure that the teams are properly trained, qualified and courteous.
Working with a range of high-profile customers, they have regular repeat business, also many new Clients by way of recommendations. Projects include Hotels, Shops, Restaurants, Cinemas, Offices, Factories, Residential properties and Schools.
Maintenance contracts are an important – many of their clients pay in advance for annual agreements which ensures further quality business generated through repairs and system renewal. They have a major contract in place for a further 2 ½ years and have worked with this high-profile client for 11 years.
The business offers flexible purchase or lease plans to clients.
Key selling points –
- Proven track record – established over 32 years.
- Profitable every year.
- Regular repeat high quality clients.
- Maintenance contracts are mostly payable yearly in advance.
- Main client has 2.5-year contract to run.
- Perfect opportunity to add to purchasers existing client base as truly portable business with clients across South and London.
With a regular flow of repeat enquiries, this business can operate from anywhere and is easily portable.
Location
This Air Conditioning And Ventilation Contractor is based in Sussex.
Premises
Business is conducted from an office within a residential property, so will need to be relocated.
Tenure
We are advised that this is being sold on a Business Only basis.
Hours
The current trading hours are –
Monday to Friday – 8:00am – 6:00pm with call out services
Saturday to Sunday – On call for regular contract clients
Staff
We are advised that the business is run and managed by our client, with 2 direct employees.
Financial Profile
We are advised as per the 2023 accounts, the business generated a turnover in the region of £440,000. Further financials can be made available upon request.
