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IT50-£495,000-Electrical Contractors

Asking Price: GBP 495000
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Business Location: United Kingdom » Others » North West 
Category: Manufacturing » Electronic & Electrical Equip.
Description:
Electrical Contractors
Confidentially offered for sale
Ref No: IT50
Location:North West
Asking price £495,000
This Company offers a unique opportunity to invest in a niche market, where only a few companies are capable of diligently operating to the strict standards and protocols needed within this sector.

This approved contractor is well renowned and based in the North West of England. The business was established on September 1991 and has traded successfully since inception.

The Company provide specialist electrical installation and call out maintenance services, serving the Petrol Station industry sectors.

The Company has the accolade as being the No 1 Contractor for one of the UK’s biggest names, which bears testimony to the quality of service and scope of works provided.

The company provides full electrical project and maintenance services principally to quality commercial blue chip clients on a long-term contract basis. Most of the maintenance work carried out is of a response nature, and to efficiently cater for this there is a well-trained in house team and system in place. Many large and prestigious contracts are undertaken and they have a large order book and unexecuted quotations.
Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue
N/A
Net Profit: (GBP)
Total profit before taxes
N/A
General Information:  
Business Area:
Year Established: 1991
Is Relocatable?:
Yes
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: Yes
Reasons for selling:
A stage has been reached where the owner wishes to reduce his working hours and plan to retire within the near future
Market competition and expansion:
Competition has generally been of little concern to this company. As a specialist in its field, this company concentrates on continuous and regular cyclical contract work. There is a random element of competition, resulting from Tender selection procedures, but this company considers the threat minimal
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