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Finance And Services:

Sold. Electrical Contracting Company Specialist Providers To The Film Industry

LISTING DETAILS
Firms For Sale ID:
34889
Vendor reference:
CR211
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£105,000  
Turnover / revenue:
£232,000
Net profit / cashflow:
£65,000
Years established:
38
Trading hours:
Usual office hours are Monday – Friday: 8.30am – 5pm
Number of employees:
2
Employees / staffing:
The business employs 2x full time self employed staff along with the vendor and a reliable team of sub-contractors in electrical and building trades.

OTHER DETAILS
Reason for selling:
The vendor wishes to retire.
Support and training:
The vendor is happy to provide support and training for a negotiated period.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Electrical Contracting Company
Specialist providers to the Film Industry
Ref. CR211
Location : NW London Relocatable
Asking Price : GBP 105,000
This well known and respected business was founded by the vendor in 1980 after a successful period as an independent electrician, and provides electrical maintenance & contracting services and some building services, to clients and customers primarily in the North and West areas of London. The firm has developed, over time, long term commercial relationships with large firms in the Film Industry and has become relied upon for their specialist knowledge in dealing proficiently with the very particular needs of that sector.
The company employs a highly skilled workforce both full time & part time/contract and each project has its own dedicated and highly experienced manager responsible for all matters including, job scope, materials supply to site, people and client/customer matters. This approach to such services means that every customer is provided professional attention and is always kept up to date with job progress, right to the finish.
The company has become known as a reliable, quality focused, contractor with particular expertise in the Film Industry where the focus is on a complete understanding of the nature of that industry and for the efficient and prompt solving of electrical and building issues. Similarly these company traits serve just as well for the other key area of business, which is in the maintenance of Marinas.
There is some small amount of work in non specific, commercial sectors.
The business enjoys very strong referral rates and is subject to much more demand for services than can be provided.

Market / Competition / Non-Competition Agreements
The company has an older but excellent website providing details on the range of services.

A high proportion of the business s revenue has been due to its excellent reputation for quality and service and the business regards its existing clients and partners as its best advertisers, maintaining an impressive database of private clients, whilst continuing to attract new referrals and recommendations.