Advert Ref: RS.0.35.NSC

Home Based Commercial Refrigeration Maintenance Business For Sale

  • Norfolk, United Kingdom
Asking price:
£45,000
Sales revenue:
£160,900
Net profit:
Undisclosed
Years established:
20 years
Employees:
The business is run by the working owner and one other. Both are refrigeration engineers and the staff member is also a qualified electrician.
Home based:
This business can be run from home.
Relocatable:
This business can be relocated.


The business mainly operates within a radius of some 50 miles from it’s existing base but also operates further afield around the UK from time to time as required. The main line is maintenance of commercial refrigeration equipment predominately in food related sectors. This includes heavy equipment in food processing factories to refrigeration equipment in shops. There are approximately 60 active customers. Two vans (currently subject to hire purchase) are included in the sale subject to assignment of the hire purchase agreements. This would suit an entrepreneurial engineer looking for a business of his/her own or would equally be of interest to businesses already operating in this or related sectors.

Property:
N/A
Location:
The business is currently home based in Norfolk.

Expansion potential:
An excellent opportunity to acquire a well established business that in the right hands is well placed to move forward. The vendor feels that the heat pump and air conditioning markets would be good areas for expansion. The vendor further advises that forward orders for work in the coming year should result in an increase of turnover over the previous year.
Reasons for selling:
Retirement sale.
Fixtures value:
Undisclosed
Stock value:
Undisclosed

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