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GK090-electrical contractor
United Kingdom

 INDUSTRY

Electronics: Other
 
 BUSINESS SUMMARY

Long established, profitable electrical contractor Confidentially offered for sale Ref. no:GK090 Location: Surrey, Re-locatable Asking price: £350,000 Formed in 1956, this business is an extremely long standing electrical contractor. Situated on the outskirts of the busiest commercial centre in Surrey, this business services both the commercial and domestic sector with approximately 80% of its turnover coming from its commercial Clientele which includes local estate agents and property management companies, but perhaps most importantly from one of the biggest High Street retailers in the UK. This business installs and maintains all kinds of electrical equipment and has experience in every aspect of its sector. Working from well-suited premises the company has an experienced team of office and site personnel, handling projects from minor works to major contracts. ECA and NICEIC approved, this profitable business provides its range of electrical services to a very loyal and established client base. Working at up to a 100 mile radius for the High Street retail chain this business also undertakes a large volume of smaller jobs within a much more concentrated area particularly for its estate agent and property management customer base for which it undertakes surveys for buyers and sellers as well as small property refurbishment and maintenance works.


 
 BUSINESS FINANCIALS
 
Asking Price: £350,000

 

   GENERAL COMPANY INFORMATION
 
Organization Structure:
Headquarters/Main Location: Home Based
Time on lease/mortgage: N/A
Is Business Relocatable? No

 

   MARKET OUTLOOK/COMPETITION
 
Having over fifty years of experience in the industry this business is very well known, particularly amongst local estate agents and has established an enviable reputation for quality of work, high levels of Client service, reliability but perhaps above all its technical ability. The business has an excellent, loyal team of highly skilled electricians and by training its own apprentices ensures that its very high standards are always maintained. With its excellent reputation this business is constantly in demand. It prides itself on its ability to respond swiftly to emergency enquiries, particularly on smaller jobs and once estimates have been agreed this business is geared up to cope far better than most with the inevitable fast moving nature of projects and the often changing requirements of Clients. Consequently this business can boast an impressive range of Clients that includes a major High Street retailer for which it is one of only two or three contractors completing more than its fair share of the larger projects that are required to be completed within the large volume of retail outlets located within its area.

 

   DETAILS ABOUT THE SALE
 
Support & Training The owner will provide full business familiarisation, training and handover as required to ensure a smooth transfer of the business to new Owners.
Reason for Selling This is a genuine retirement sale.
Is Management Willing to Stay? No
Are You An Intermediary? No

 


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  Financials
Asking Price
£350,000

 



 





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