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Asking Price$214,025
Revenue$458,625 Established1979
Cash Flow$99,368 Employees7 full-time
FF&EUndisclosed FranchiseNo
InventoryUndisclosed RelocatableYes
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Electrical Contractors & Fire Alarm Specialists to the Domestic and Commercial Market
Location Devon - South West England
Asking Price £ 140,000
Asking price includes:

Turnover circa £300,000 per annum
Adjusted Net Profit circa £65,000

Accredited with NICEIC
Forward order book
Ongoing Maintenance Contracts
Excellent company website

Business profile:
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
• 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.
Facilities:The premises are leasehold with rent of £6,000 per annum and can be retained if required or alternatively the business could be relocated.
Growth Potential:Business levels could be increased with additional staffing and expanding the geographical area that is serviced and there is substantial room to capitalise on the residential new build and refurbishment market as well as the day-to-day “call out” emergency sector.
Training/Support:The owner is happy to provide full support and training for the new owner and this can be discussed at the time of sale.
Sale Reason:intended to keep the business in the family,unfortunately this is not now going to happen.
Ad #50275
Seller Reference #GK253
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Contact This Seller
Turner Butler
0044 1895256000
Email Address