Total of 18657 firms and businesses for sale today Friday 29th March 2024
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Sold. Accredited Electrical Contractors & Electricians

LISTING DETAILS
Firms For Sale ID:
29255
Vendor reference:
GK224
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£180,000  
Turnover / revenue:
Undisclosed
Net profit / cashflow:
£83,000
Number of employees:
10

OTHER DETAILS
Support and training:
The owner is happy to provide full support and training for the new owner and can be discussed at the time of sale.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The premises are leasehold and can be retained if required or alternatively the business could be relocated.
 
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BUSINESS DESCRIPTION
Accredited Electrical Contractors & Electricians
Commercial Work for Local Authorities, Schools and State Housing Associations
Ref.GK224
Location South Wales
Asking Price £ 180,000
This company supplies electrical contracting services to the commercial and residential market, with70% of work being Councils, Schools and Housing Associations and 30% being private work, plumbers and builders.

The business provides quotes for housing stock that needs to be upgraded and also house refurbishments, this generally provides about 3 months work doing about 28-30 houses per contract. Local Authority work is price driven, however two day maintenance work is also done for Councils.

The business provides a hassle free professional service and over the years and have formed some excellent business relationships with clients who return time and time again, due to their excellent reputation and safe pair of hands, meaning the company tends to get all the contracts they pitch for.

Work is undertaken within a 30 mile radius. The vendor feels this opportunity would ideally suit a company wishing to get into Wales or one already there that wishes to extend geographically.

Expansion Potential
Business levels could possibly be increased with additional staffing and expanding the geographical area that is serviced with additional employees plus there is substantial room to capitalise on the residential new build and refurbishment market as well as the day-to-day “call out” emergency sector.