Total of 18657 firms and businesses for sale today Thursday 28th March 2024
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Sold. Mobile Test Equipment Calibration Business

LISTING DETAILS
Firms For Sale ID:
33509
Vendor reference:
IQ018
Vendor website:
     
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BUSINESS DETAILS
Location:
Primary sector:
Secondary sector:
Asking price:
£70,000  
Turnover / revenue:
£67,000
Net profit / cashflow:
£50,000
Trading hours:
As required
Employees / staffing:
This business is a sole trader. The vendor works full time in the business undertaking all the carrying out all responsibilities and employs no additional staff through personal choice.

OTHER DETAILS
Reason for selling:
This is a genuine retirement sale.
Support and training:
The vendor will provide full support at handover to ensure a seamless transition of ownership. He has stated that he may also consider retaining certain geographical regions should a new owner not wish to undertake a national operation.
Business is relocatable:
Yes
Business is web-based:
No
Business is home-based:
No
PROPERTY DETAILS
 
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BUSINESS DESCRIPTION
Mobile Test Equipment Calibration Business
Ref.IQ018
Location Relocatable
Asking Price GBP 70,000
This is an exciting opportunity to acquire a well-established and reputable business that has sucessfully traded for almost a decade. The business provides a very personal and professional mobile calibration service to customers on a national scale, who require on site calibration of their electrical test equipment. The business also provides a secure postal service option to customers, however this curently represents a small part of overall sales..

The business provides total calibration solutions by utilising consistent procedures and the latest calibration equipment and software, issuing clients with a calibration certificate with test results fully traceable to national standards. On site services include calibration of 16th and 17th Edition test equipment including Insulation, Loop, RCD, MFTs and PAT testers.

The business has some 1800 historical customers based throughout England and these clients include colleges, large organisations and small sole traders. The business achieves excellent retention levels with approximately 80% of work being on a repeat basis.

The business has grown steadily since the commencement of trading. However, through choice the vendor has held it to its current level over recent times to avoid going over the current VAT threshold.

Market / Competition / Non-Competition Agreements
The business enjoys very high levels of repeat business, word of mouth recommendations and referrals, however it could benefit from a more strategic medium/long term sales and marketing campaign. It has very minimal internet presence up to now and to date has never felt the need for further advertising.