Ref 6704 – Leasehold Swimming Pool Engineers
Blacks Brokers are pleased to bring to the market this leasehold swimming pool engineers business based in Kidderminster, Worcestershire.
Murtec icd has been trading since 1987. Our client established the business due to the lack of competition in this area of Worcester. The business is well known within this sector and has a good reputation in the area with a large base of regular customers – some of which are contract customers both corporate and residential. Our client has established a comprehensive website and strong online presence.
The business is positioned in the centre of Kidderminster close to a range of local businesses and large multiples. The area is well linked by the M5 with good links to the M42 and M40. Public transport links are good and free parking is available in the immediate vicinity.
The business is ideally suited to a hands-on owner-operator but due to our client’s retirement, the business is offered for sale.
The current lease runs at a cost of £131 per week.
Murtec icd operates from a large shared property where office space is let as required. Murtec icd occupies a large space comprising of two offices, storage areas and a kitchen/utility area. The sale also includes two commercial vehicles – both Vauxhall Vivaros.
The business is currently operating with six members of staff in employment supporting our client working on a full time basis. This includes two full time engineers and one sales manager.
Murtec icd has traded well during its long and impressive trading history. Accounts for year ending 31st March 2019 show annual turnover of £260,163 and gross profit of £96,414. Full financial details are available upon viewing.
The business has a rateable value of £10,200. Purchasers should enquire with relevant local authorities to confirm the rates payable.
This leasehold business has a long trading history and a superb reputation with many repeat customers. There is plenty of scope to develop the business further with more marketing in the building sector and holiday camp maintenance contracts. This proposition would ideally suit an owner operator or team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Business: £35,000.
Please quote ref: 6704