Business for sale in United Kingdom - Gk156-electrical contractors
| Asking Price: | 375,000 £ |  |
Real Estate: | Lease |
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| Sales Revenue: | 1,000,000 £ | ||||||||||
| Net Profit: | 200,000 £ | ||||||||||
| Year Established: | 2004 | ||||||||||
| Employees: | 7FT | ||||||||||
| # of family members employed: | Not Disclosed | ||||||||||
| Location criteria: |
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Business types:
Construction
Business categories:
Electrical Contractors
Business description
Turner Butler are delighted to be appointed as sole selling agents for this exciting business opportunity. The two Directors have developed the performance of this company over 20+ years with great energy and drive. The company was incorporated in 2004 and the business has continually been successful in improving turnover and profitability throughout, including recently securing a new large contract and futher probability for yet another in the near future.
The company has been NICEIC registered since 1990, with the registration now including Part P certification.
The dynamic leadership of its two Directors has built a solid foundation for a new owner to develop further with renewed energy and vision.
The opportunity to acquire this soundly managed business comes reluctantly due to the wish of both Directors to retire along with a health issue. The business is therefore priced for an uncomplicated sale and represents a superb opportunity for either a larger similar company seeking a geographically located bolt on, or indeed perhaps an ambitious sole operator or partnership.
Equipment:
The company owns and maintains all neccesary machinery, tools and vehicles to undertake the levels of quality work it attracts.
Customer Service:
Being renowned for the quality of its customer service, the company enjoys many third party referrals apart from its regular and in many cases repeat broad base of customers.
Key Strengths:
The key strength of the company must be its ability, in what is seen by most to be a shrinking marketplace, to continue to grow and win significant new business.
Growth and Expansion:
The Directors of the company have never felt the need for extensive and expensive advertising, and this may be seen as a developmental point by a new owner.
Key Opportunities:
The fiscal benefits of the growth in 2008 have not been fully anticipated in the listing price, and this benefit will undoubtedly prove to be attractive to a prospective purchaser.
Additional information
| Additional information: | Not Disclosed |
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| Support & training: | All training and support during handover will be supplied willingly as part of a successful sale package. |
| Reasons for selling: | As mentioned before the health of one of the Directors plus both their wishes to retire are the only reasons for this reluctant sale |
| Financing available: | Not Disclosed |
| Inventory / Stock value: | Not Disclosed |
Real Estate
| Ownership: | no |
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| Lease: | yes |
| Lease terms: | Leasehold Premises: 3 year lease Square footage circa 1000 square feet Rent: £724.77 per month Rates: £1090 per annum |
| Location: | Leasehold Premises: 3 year lease Square footage circa 1000 square feet Rent: £724.77 per month Rates: £1090 per annum |
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