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GK128 -Electrical Contractors
United Kingdom

This listing has been sold. Please click here to view other listings in the same industry

 INDUSTRY

Electronics: Other
 
 BUSINESS SUMMARY

Electrical ContractorsRef.GK128 Location HertfordshireAsking Price £ 795,000.This superb electrical contracting company was established by the current owner fifteen years ago. Since that time it has developed to be recognised as the electricians of choice in its locale, a busy part of Hertfordshire, adjacent to major towns and with close proximity to London.The business has experience in almost every aspect of electrical engineering, working extensively with main contractors undertaking works that vary from minor, small call-out reactive maintenance and repairs to complete design and installation projects for major civil engineering and building contractors. The scope of works includes electrical design and installations, electrical testing, reactive maintenance and call-outs, inspection and electrical surveying and the provision of technical reports. Whilst the business's expertise lies mainly with the commercial and industrial sectors it also undertakes some smaller residential projects. The analysis of current turnover is as follows:• Contracting – 75%• Testing – 20%• Domestic – 5%


 
 BUSINESS FINANCIALS
 
Asking Price: £ 795,000

 

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

 

   MARKET OUTLOOK/COMPETITION
 
A professionally designed, maintained and hosted website serves as the main shop window to the business. Advertising in Yellow Pages™ is used, specifically for testing services. Mailshots are sent out on an infrequent basis.The business has reached a position where the development and execution of a strategic marketing plan addressing all media activities would be of significant benefit

 

   DETAILS ABOUT THE SALE
 
Support & Training The current owners will agree to an extended period of handover, training and familiarisation to ensure a smooth transition to new ownership.
Reason for Selling The owner is looking to dispose of his interest in the business to enable him to focus on other activities.
Is Management Willing to Stay? No
Are You An Intermediary? No

 


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  Financials
Asking Price
£ 795,000

 



 





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