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cr0ft

Plumbers Arms member
Plumber
Gas Engineer
Nov 10, 2008
3,311
1,782
113
Lincoln, Lincolnshire
Member Type
Heating Engineer (Has GSR)
Hi all,

A lot of you have seen me on here I know. Long story short, my wife has got a great promotion with her job which is going to require me to move away from Hampshire. In short, I'm looking to find (ideally) a plumber who would be happy to move to Hampshire and take over my business. Ideally this would be on a franchise basis with no up-front fees, but I would be happy to look at selling the business as it is. Once I do this, I will be moving to Lincoln to hopefully start up the same again!

The business is in its 3rd year of trading and has a good local reputation. At the time of writing turnover this financial year (since 1st April 2011) is £36,195 with a gross profit of £17,998 and a net profit plus salary paid to myself of £13,714. Previous years financials have all been submitted to Companies house and so are in full view of the public.

Across the 4.5 months to date this equates to earnings before tax of £3,047 per month so I hope you can see its quite a good opportunity.

All of these figures are despite buying a large new van. There are lots of jobs booked moving on too.

As I say, I think it's franchisable as the main source of new customers (after word of mouth) is my website. If you google Fareham plumber, Whiteley plumber or Locks Heath plumber it consistently comes up number 1 or 2. All good local searches.

The new van is on a HP agreement, I would be happy to come to an arrangement where I keep the van and/or tools if this helps sway people.

If anyone is interested in this opportunity then please let me know. If someone is wanting to take this on on a franchise basis then obviously we will need to meet up to make sure we are both right for each other first!!

Cheers for reading,

Keiran.
 
Hi Steve, search engine optimisation and website design was something I did at university so I know quite a lot about it. There's quite a few things you can do such as put a link in your signature to your website like this one.
 
You could consider plugging this to all the newbies coming along asking how they need to get into plumbing. However you sell it I hope you achieve a good price have have little hassle.
 
To be honest I have absolutely no clue how to sell it to be honest. I was thinking of phoning up the colleges locally and seeing if anyone leaving wants to buy the business. I have no idea how much it would be worth either!
 
[DLMURL="http://uk.businessesforsale.com/uk/Plumbing-And-Heating-Business-In-Berkshire-For-Sale.aspx"]Buy a Plumbing And Heating Business In Berkshire business for sale on Businesses For Sale .com[/DLMURL]
 
Last edited by a moderator:
Can't see how he's made a net profit of £50,000 driving a midi van the breakdown and repair bills would come to more than that:shocked:
 
Thats a fair old change fron Hampshire to Lincoln I hope it goes well

Ps you will be in ecowarm`s and my locality as the boarders are strange up here.
I hope it works out for ya when you move
 
hope you've sell the business and all goes well in lincolnshire. could i ask a question. could you give a few pointers on seo optimisation as i'm trying to improve my search rankings for my websiter. plumber-bradford.com

any tips appreciated
 
Cheers Quality. What's work like up there at the moment? Is there much or nowt?

Thats a fair old change fron Hampshire to Lincoln I hope it goes well

Ps you will be in ecowarm`s and my locality as the boarders are strange up here.
I hope it works out for ya when you move
 
Thanks Quality. Do you do gas work as well? If so I may well be giving you a call when I get up the road (if you're interested)! I'm not GSR (planning on training into the renewables route instead, i.e. electrical) so on heating jobs I normally ask someone to come in and fit the boiler/run any new gas piping etc as required.
 

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