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BUSINESS FOR SALE Retail Home & Garden Electrical Appliance Retailers

For Sale Domestic & Commercial Electrical Contracting Company

£59,800.00 (Fixed)

    Price : £59,800.00 (Fixed)
    Type : Sell
    Date : 19th September 2018
    Warranty : No
    Location : Oxfordshire, UK

    This well known and respected business was founded by the vendor in 2011 and provides electrical maintenance & contracting services to clients and customers primarily in the Oxfordshire, Buckinghamshire and North London areas. The firm has become relied upon for their specialist knowledge in dealing proficiently with all types of electrical work, specialising in domestic, commercial work and periodic testing and inspection for landlords and agents.

    The company employs a highly skilled sub-contracted workforce, who with the vendor, are responsible for all matters including, job scope, materials supply to site, people and client/customer matters. This approach to such services means that every customer is provided professional attention and is always kept up to date with job progress, right to the finish.

    The company has become known as a reliable, quality-focused, contractor with particular expertise in the following:

    -Full or partial rewires

    -Fuseboard replacements

    Additional sockets/switches, lighting, etc

    -Electrical showers/cooker connections

    Heating systems/storage heaters

    -Smoke and heat alarms

    -Home security systems

    -Cat 5e and cat 6 Installations

    -Extractor fans

    -Telephone points/TV antennae

    -Hot tubs, jacuzzis and sauna

    -Periodic Testing and Inspection -Reports for Landlords or Agents

    -Garden lighting and power

    -Heating controls

    The business enjoys very strong referral rates and is subject to much more demand for services than can be provided.

    Customer Service:

    Clients can be assured of the quality of work that is guaranteed through the accreditations C&G 2360 Part 1 and 2 , C&G 2391 testing and inspection, NVQ level 3. The firm is also a registered TRUSTMARK and NAPIT member.

    All Staff are Qualified to the Highest standards and work in accordance with all the latest regulations.

    Key Strengths:

    The business has many strengths including

    • Significant database of customers

    • Enviable reputation in the region it serves

    • Outstanding industry network

    • Exceptional levels of service

    • Repeat business levels and referrals

    • Highly reliable staff

    Key Opportunities:

    The business has enjoyed steady trading and this is expected to continue in light of its growing and loyal customer base. The clearest opportunity to grow the business would be by simply agreeing to the level of demand that the company enjoys and by engaging in specific marketing campaigns backed by its strong reputation.

    The market outlook for the business is excellent. With a strong demand for this business’s services a new owner who is capable of instilling additional ideas will have every advantage of building on an excellent platform.

    This is a unique opportunity to purchase a grown and matured business. It is a well-structured company generating excellent profit margins with excellent growth potential.

    Financial Information:

    The business is being offered for sale on a going concern basis: all financial discussions will take place directly between the vendor and all interested parties under the auspices of Turner Butler.

    Turnover for 2017 circa £102,000 Ex VAT

    Net Profit circa £40,000 before Director’s drawings (Declared)