Total of 18657 firms and businesses for sale today Friday 29th March 2024
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Sold. Well-established, Profitable Electrical & Security Systems Contractor

LISTING DETAILS
Firms For Sale ID:
34290
Vendor reference:
IG033
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£130,000  
Turnover / revenue:
£163,000
Net profit / cashflow:
£54,000
Years established:
28
Number of employees:
2
Employees / staffing:
The most important resource of this business is its people. The vendor tends to just oversee operations. He is very much part time (maybe 2 hours a day). The business employs an office manager who is responsible for the day-to-day management of the business and also employs one fully qualified electrician. Fully qualified sub-contract electricians are also called upon as required.

OTHER DETAILS
Reason for selling:
Having worked in the business for a period of twenty seven years the vendor feels the time is right to pass the business on to new owners to build upon the excellent foundations that have already been laid.
Support and training:
The owner will provide full business familiarisation, training and handover to ensure a smooth transition of the business to new owners. This should be a very simple process as the vendor only works on the business on a very much part time basis.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
Lease terms:
The business operates from ideal leasehold premises. It could easily be relocated if need be.
 
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BUSINESS DESCRIPTION
Wellestablished, Profitable Electrical & Security Systems Contractor
Ref. IG033
Location : Central belt of Scotland
Asking Price : GBP130,000
Founded in 1987, with an excellent reputation for integrity and professionalism, this contracting business has experience in every aspect of the electrical and security systems sectors with an excellent mix of clients within the industrial, commercial and residential arenas. Operating throughout Scotland, this business has successfully completed many large and small contracts, across both the private and public sectors.
Working mainly direct for the client, there is nothing this business cant tackle, providing a full range of electrical and security systems contracting services. As well as its more general electrical contracting projects this business has a base of approximately 300 customers on 12 month ongoing maintenance contracts and significant involvement in the servicing, repair and monitoring of fire, intruder and CCTV based security systems.
The business also, installs and maintains systems on water treatment plants and has provided these services to the local council for many years. This demand is expected to continue moving forward and represents a very lucrative part of the business.
This business has maintained a steady and controlled growth throughout its many years of operation, the key to this has been through the development of excellent working relationships with clients fostered by the expertise and experience of its highly skilled staff.
This business believes in delivering exactly what it says it will do. Staff are highly qualified, motivated and regularly update their skills through relevant training and pride themselves on carrying out projects to the highest possible standard within demanding time scales and budgets.

Market / Competition / Non-Competition Agreements
Having established an excellent reputation for integrity, professionalism and for delivering on time and on budget this business has little need for advertising relying on the most cost effective form of marketing, word of mouth recommendation.