Business Summary
Commercial Electrics; Electric Vehicle Charging Point Supplier & Installer; Domestic Electrical Works; and Industrial.
Confidentially offered for Sale
Ref Number: ES02-ABS
Asking Price: £400,000
Location: Hampshire
Asking price : £400,000 excluding company cash.
Turnover for last financial year: circa £374,000 p.a. (growing year on year)
Pre-tax profits: Prior to directors’ drawings are in excess of £150,000 p.a.
Key strengths:
- High quality of work.
- Exceptional levels of repeat business
- Trustworthy, highly skilled and loyal staff.
- Very Profitable business.
- Long established and well reputed.
- Huge room for growth and expansion.
Business Profile:
The successful purchaser will acquire a successful highly profitable well-established electrical services business, with a large client base.
Core sectors: This successful electrical services business consists of four core sectors: the first provides Domestic Electrics; the second is Electric Vehicle charging point supplier & installer, the third core sector is Commercial Electrical works and the fourth Industrial.
Establishment: Since 2014, the company has provided exceptional service, a high quality of work, by trustworthy electricians
Approvals and accreditations: The National Inspection Council for Electrical Installation Contracting (NICEIC) contractor and approved Rolec EV car charge point supplier & installer, Office for Low Emission Vehicles (OLEV) accredited installers.
Please contact us for more details.
Property Details
Other Business Details
Business Location:
Covering Hampshire, Surrey, London and South East England
Expansion Potential:
The business has little need to advertise as the majority of business comes from repeat clients, referrals, and the Company website together with the Checkatrade approval & guarantee. The company enjoys superb branding with regular work from 2 stable well-established Domestic/Commercial customer base that guarantees 720 to 960 jobs a year (i.e. 60-80 jobs a month) with the chance to grow national with these companies. In addition to this the company receives more than 2400 Checkatrade enquiries a year and with more resources in place could maximise the huge potential this represents. Furthermore, the company is an emergency electrical contractor for a well-respected property management firm.
Business Operation Details
Support & Training:
The owners will provide the successful purchaser with full support during the handover.
Miscellaneous Details
Reason For Selling:
The owners wish to take a well-earned break, following which they are looking to pursue business interests within a different sector.