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IG020-Electrical Engineering Company
Asking Price:
GBP 85000
| Posted by : Andrew Hudson
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Business Location:
United Kingdom » East Riding of Yorkshire » East Yorkshire
Category:
Engineering
»
Electrical Services
Description:
Electrical Engineering Company
Ref.IG020
Location East Yorkshire
Asking Price £ 85,000
This is an exceptional opportunity to purchase a well established profitable electrical engineering company that supplies a full turnkey solution for domestic, commercial and industrial requirements.
Having traded since 2004 the company still remains owned and managed by the founder who has built up an enviable reputation for supplying a high quality of work.
The company has developed relationships with a number of landlords, letting agents, investors and private house owners who regularly use their services. In addition the company have regular industrial and commercial clients who use the company to carry out a variety of electrical installation work. These clients include blue chip companies. Current breakdown of work in each sector is:
• Commercial circa 40%
• Industrial circa 30%
• Domestic circa 30%
Due to the excellent company reputation it is always in demand and has a healthy visibility of future work. Exceptionally well organised the company carries out a variety of work and tends to exceed customer expectations. The business has a web based job management system that helps the company retain and grow their business.
There is a company web site which is used to promote and generate new business.
The business has a reputation for its speed of supply, coupled with an efficient and reliable team of time served electricians.
This business is ripe for new ownership and with a new injection of energy and business acumen it could achieve significant increases in revenue.
Financial Information:
Annual gross sales: (GBP)
N/A
Yearly Revenue: (GBP)
Total yearly sales revenue
309000
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:
Business Area:
N.A.
Year Established:
2004
Is Relocatable?:
Yes
Business closed or an asset sale
:
No
Is Home based business?:
No
Real estate status
:
No
Reasons for selling:
The owner has other business interests and feels the business would benefit from a new injection of energy and business acumen to maximise the opportunities available.
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