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#Business ID: 38507

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ES02-ABS-Electrical Services Business - Specialist In Four Core Sectors Opportunity For Sale

Business Location: Hampshire, England

Asking Price: £ 400,000 Revenue: £ 250k to 500k Cash Flow: £ 100k to 250k

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

Property Type:

Lease

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.

Contact this seller

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