Genuine retirement sale of a market leading private water service & installation business covering the South West, established in 1989, with a very strong reputation, and still growing.
Follaton Water Services maintains and installs private water pumping and treatment systems, from borehole, well or spring supplies, for homes, farms and businesses. We are trusted by an enviably large database of private water system owners, which we service on an annual basis, and upgrade periodically, generating a reliable source of revenue.
The business, even during the pandemic year of 2020-21, delivered an 18.5% net. profit. This is after both directors drew a healthy wage from the business. Follaton offers similar businesses, or plumbing/electrical/engineering/groundworks operators a genuine opportunity for expansion and growth.
The business is managed by two retiring directors, with two employed engineers sharing over 25 years of combined experience in water treatment, who would prefer to remain with the business and a part time office administrator.
It operates from a small leasehold industrial unit which can be retained only if required by the new owners. The business needs minimal storage space and can easily be relocated to new premises. The business is offered as an asset sale to include the trading name, customer lists, marketing assets and site information, plus stock and assets to be negotiated separately.
The current owners believe that Follaton Water Services offers an excellent investment prospect with a very short payback for a hands on operator from a similar industry.
For more information, please contact us by using the form below.