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GK158-Electrical Contracting Services Industrial and Commercial Developments.

Asking Price: GBP 295000
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Business Location: United Kingdom » Staffordshire » Staffordshire 
Category: Services » Miscellaneous Services
Description:
Electrical Contracting Services Industrial and Commercial Developments.

Ref.GK158
Location Staffordshire
Asking Price £ 295,000
This Electrical Contracting Specialist was established by the current vendor some 40 years ago and in that time has established itself as a first class supplier of Electrical Contracting Services in both Industrial and Commercial Developments.
Fully NIC EIC approved this organisation provide services to some of the largest developers in the UK, including:- Barrett; Bovis; Charles Church; Crest Nicholson; David Wilson; Lovell; Miller; Taylor Woodrow as well as undertaking one off specialist builds and commercial projects.
The company employs an experienced management team and a highly professional workforce capable of managing and undertaking all sizes of projects from conception to full implementation and maintenance, throughout the midlands and surrounding areas.
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, handling projects from minor works to major contracts. NICEIC approved, this profitable business provides its range of electrical services to a very loyal and established client base. Working up to a 100 mile radius of its base this business is always in demand and never short of work.
Over the 40 years of its operation, this business has built an enviable reputation for providing a professional, prompt and comprehensive service with high levels of customer service. The staff understands the need to be 100% reliable and this has helped the business develop many long-term client relationships. This business’s commitment to quality, safety and environmental issues is paramount. All work is carried out to the highest standards with all materials and accessories quality approved and compliant with the relevant BS codes. All staff are highly qualified, technically very adept, highly motivated and take pride in their work. This ensures the job is always completed to meet the most exacting customer requirements.
With turnover for the current financial year (April 2009)projected to reach £1Million the business is still managing to post impressive figures despite the difficult market conditions it is operating under, especially within the housing market. Previous to that the business has consistently achieved turnover circa £2.9 Million per annum generating gross profits in the region of £350,000 p.a. This is an excellent opportunity to acquire a long established, extremely well run and profitable, electrical contractors with a very significant customer base. The business has achieved very similar figures for the last few years and a new owner, bringing fresh ideas and enthusiasm to the table could certainly expect to grow these figures should they so wish over the medium to long term.
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: N.A.
Year Established: 2000
Is Relocatable?:
 Yes
Business closed or an asset sale : No
Is Home based business?: No
Real estate status: Yes
Number of Employees: 29
No of trading hours: Monday – Friday: 0730-1730
Reasons for selling:
 The vendor wishes to retire.
Market competition and expansion:
 Having established an excellent reputation for quality reliability and professionalism the business has little need for advertising relying on the most cost effective form of marketing, word of mouth recommendation. In saying that, it does have an informative website and also utilises the Yellow Pages.
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