Leasehold Well Presented Electrical Engineering Company In Nailsea For Sale

WELL PRESENTED ELECTRICAL ENGINEERING 

Situated in the rural village of Nailsea

Ideal partnership opportunity

Regular and repeat trade

Genuine retirement sale

Walk in condition

Easy to run

LEASEHOLD

Business History

Meridian Business Sales are please to offer this easy to run electrical engineering business which was established over 45 years ago by our client. Our client is regrettably offering the business for sale due to a desire to take well deserved retirement. Since the business was established our client has invested time and money into the business and premises meaning that is in walk in condition. They have run the business at a pace that suits their lifestyle, meaning that there is massive scope for a new, hands-on owner operator to further develop the business. Our client advises us that they currently generate a respectable annual turnover, with excellent gross profits, which is derived from the sale of motors and pumps together with rewinds and repairs to electric motors, pumps and fans. Currently the business deals primarily with commercial pumps but there is scope to deal with cars, small vehicle and plant equipment which may increase income. The business has a good reputation and as such has a high level of regular and repeat trade together with advanced bookings. Currently the business is owner operated with 1 full time and 1 part time staff and our client is happy to provide training during the transition period. This is a superb opportunity to purchase an established business, in a rural location, and as such early viewing is strongly recommended.