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Finance And Services:

Sold. Electrical Contractors & Fire Alarm Specialists To The Domestic And Commercial Market

LISTING DETAILS
Firms For Sale ID:
33108
Vendor reference:
GK253
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£140,000  
Turnover / revenue:
£300,000
Net profit / cashflow:
£65,000
Years established:
34
Number of employees:
7
Employees / staffing:
The owner deals with the daily operation of the business including quotations and sales. The owner employs 7 full time staff including electricians and administration

OTHER DETAILS
Reason 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.
Support and 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.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Electrical Contractors & Fire Alarm Specialists to the Domestic and Commercial Market
Ref.GK253
Location Devon South West England
Asking Price GBP 140,000
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.