For Sale Highly Experienced Industrial Electrical And Mechanical Contractor

Industrial, electrical & mechanical contractor, providing planned & reactive maintenance, relocation & installation of machinery, industrial & commercial electrical installations, ranging from new supplies directly from the utility provider’s transformer down to final circuits at distribution board level.

With sector specialisms in the areas of paper production, injection moulding & education, the company predominantly serves customers in the manufacturing industries, securing regular repeat business from Electrical Installation Condition Reporting (EICR) work for insurance purposes. For most customers, the company is the preferred electrical contractor.

* Gross Profit: £230,000

* Adj. EBITDA: £180,000

* Key Aspects: The company also conducts added-value lighting surveys & energy efficiency upgrades, alongside having developed a proprietary product for the injection mould tooling industry.. 90% repeat business maintained across a local client base, engaging regular testing & remedial business for insurance policy requirements.. Preferred contractor status held with 18 companies.. Secure, rolling contractual maintenance agreements held with 4 blue-chip clients.. Preferential supplier discounts negotiated with all major suppliers.. 100% retention of a multi-skilled base of employees, with continual investment in both new & existing staff.. Experience of on-site working with Electricity North West enables enhanced efficiency.. Produces a proprietary testing product for the injection moulding industries, receiving sales enquiries from overseas.

* Opportunities: Employ further electricians & complete the development of the company’s current apprentice electrician, each potentially generating an additional clb76k in sales per annum.. Employ electricians’ mates to increase capacity whilst enhancing profitability by clb10k, in relation to the additional revenue secured.. Increase pricing in consideration of the company’s tailored service & expert multi-disciplinary skillsets, improving current levels of profitability.. Opportunity for an acquirer with mechanical engineering capacity to increase the generation of high-margin mechanical work.. Cross-sell affiliated services, such as commercial energy procurement.. Develop production & sale of the company’s proprietary testing product internationally, having received sales enquiries from Ireland, Canada & America.

* Potential Purchasers: Electrical contractors.. M&E & building services contractors (industrial).. Plant & machinery installation & maintenance engineers.. Machine tool repair & maintenance engineers.