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GK253-Electrical Contractors & Fire Alarm Specialists

Asking Price: GBP 140000   |  Posted by : Andrew Hudson
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Business Location: United Kingdom » Others » South West England 
Category: Services » Miscellaneous Repair Services
Description:
Electrical Contractors & Fire Alarm Specialists to the Domestic and Commercial Market
Ref.GK253
Location Devon - South West England
Asking Price £ 140,000
The business was formed in 1979 and supplies a complete range of electrical work that includes simple domestic wiring to industrial contract work.

Five electricians are employed on a full time basis and are all time served, fully qualified and conversant with the latest requirements of electrical regulations. The business is well known and well established and has been based at its current premises for several years. As a local company the business has thrived with no job too large or too small for its fully qualified team of employees.

The business has a healthy portfolio of both domestic and commercial customers and deals with the supply and installation of

• Complete Rewires
• New Electrical Installations
• Door and Entry Security Systems
• CCTV
• Central Heating
• Bathroom and Kitchen Work
• Smoke Detectors

Work is undertaken within a 30 mile radius of its headquarters. The vendor feels this opportunity would ideally suit a company wishing to enter the Devon market or one already there that wishes to extend geographically.
 
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Financial Information:  
Annual gross sales: (GBP) N/A
Yearly Revenue: (GBP)
Total yearly sales revenue
300000
Net Profit: (GBP)
Total profit before taxes
65000
General Information:  
Business Area:
Year Established: 1979
Is Relocatable?:
Yes
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: No
Number of Employees: 07
Reasons for selling:
The vendor has spent a great deal of time building the business to its current level it and had intended to keep the business in the family, unfortunately this is not now going to happen.
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