Business for sale in United Kingdom – S W England – England – Gk253-electrical contractors & fire alarm specialists

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Business for sale in United Kingdom - Gk253-electrical contractors & fire alarm specialists

Asking Price: 140,000 £ Real Estate: Lease
Sales Revenue: 300,000 £
Net Profit: 65,000 £
Year Established: 1979
Employees: 7FT
# of family members employed: Not Disclosed
Location criteria:
United Kingdom/England/S W England
Relocatable

Business types:

Services

Business categories:

Appliance Repair ; Other Personal Services Businesses ; Repair; Repair Services ; Security & Fire Alarm Services

Business description

The business was formed in 1979 and supplies a complete range of electrical work that includes simple domestic wiring to industrial contract work. five electricians are employed on a full time basis and are all time served, fully qualified and conversant with the latest requirements of electrical regulations. The business is well known and well established and has been based at its current premises for several years. As a local company the business has thrived with no job too large or too small for its fully qualified team of employees. the business has a healthy portfolio of both domestic and commercial customers and deals with the supply and installation of complete rewires new electrical installations door and entry security systems cctv central heating bathroom and kitchen work smoke detectors work is undertaken within a 30 mile radius of its headquarters. The vendor feels this opportunity would ideally suit a company wishing to enter the devon market or one already there that wishes to extend geographically.

Additional information

Additional information: Not Disclosed
Support & training: The owner is happy to provide full support and training for the new owner and this can be discussed at the time of sale.
Reasons for selling: The vendor has spent a great deal of time building the business to its current level it and had intended to keep the business in the family, unfortunately this is not now going to happen.
Financing available: Not Disclosed
Inventory / Stock value: Not Disclosed

Real Estate

Ownership: no
Lease: yes
Lease terms: The premises are leasehold with rent of £6,000 per annum and can be retained if required or alternatively the business could be relocated.
Location: Not Disclosed

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