Successful and Well-established Voltage Installation Engineering Company For Sale

Business

BUSINESS ONLY OPTION £499,999

Hilton Smythe is delighted to welcome to the market a voltage installation engineering company, which was originally established in the town in 1999 by our clients. The owners are now looking to sell the business after an extensive amount of time due to the desire to focus on other business opportunities.

The business specialises in providing the following services both nationwide and overseas-

Project management

High and low voltage systems

Protection relay testing

Cable fault location and repairs

Installation of temporary generators

Thermal imaging

Load profile monitoring

This is a highly profitable business that provides a great range of services. This concern requires a new owner with experience in this trade who is fully motivated and can run this business to its full potential. Our clients would be happy to offer a hand over period whilst the purchaser settles in.

The turnover has increased in the last few years, we are advised the business generates a turnover in the region of £650,000 – £1,000,000 per annum. We believe there is potential to further profit, perhaps a new owner could employ a sales representative to canvass larger companies for additional work. Another way would be to approach larger building firms with a view to provide metering systems.

The owners have built up an enviable clientele base over the years and thrive from a vibrant reputation. We are advised the business has contracts with Serco, Ministry of Defence, Wessex Water, ASDA, NHS, G4S, BP (Perenco), Fenton and many more corporate clients.

The business does have a website which advertises further information about the services provided.

This business is being offered as a freehold opportunity; however there is the option to buy this business as a business only. From here our clients would be willing to negotiate rent if the new purchaser was to stay in this area. The business only option would be offered for

£499,999.

This is a fantastic opportunity for a purchaser looking for a specialised profitable business with little opposition within the area. Hilton Smythe highly advise early viewing to avoid missing out on this outstanding business.

Location

The voltage installation engineering company is located on a business park in Wiltshire.

The business is situated in a modern unit approximately a 10 minute drive from the town centre. This is a great location as there is always a generous amount of passing trade due to the variety of businesses that are located on this retail park. Directly facing are apartments that have been recently built, this has brought a heavy amount of footfall to the area.

Premises

The business boasts a modern purpose built middle terrace industrial unit. This property is in immaculate condition. This is a two storey premise which is a generous size.

Ground Floor

Reception area

Double glazed window and door to front with tiled floor. There is a good sized desk with filing cabinets. The room is finished with suspended ceiling with inset LED spotlighting.

Inner Office

Immaculately presented with tiled floor, perimeter shelving, filing cabinets and suspended ceiling with Led lighting.

Kitchenette/Staff Room

With granite effect floor tiling, range of wall and base units with a generous run of work tops, stainless steel sink and drainer with Redring water heater above and space for a fridge.

WC

Disabled toilet with toilet and hand wash basin

Workshop

A generous sized workshop/storage area with full height roller door to the front, fluorescent lighting, Dexion Type racking, freestanding workbenches and ample storage space.

First Floor

There is a generous first floor office with timber flooring with suspended ceiling with inset LED lighting. Windows to the rear create a light airy interior, desk areas with freestanding cupboards and filing cabinet, comfortable seating area with leather sofas and a coffee table.

Shower Room

A generous sized shower room with curved corner cubicle and Triton electric shower and hand wash basin and close coupled toilet.

Office

A further generous office with window to front

A full equipment and machinery list will be available on request.

There is parking directly outside the premise.

Tenure

We are advised the business is Freehold.

Business only opportunity for £499,999. The rent can be negotiated if the owner is to stay at this premise.

Hours

This is a 24 hours 7 days a week business.

Staff

The business is run and managed by our clients with the help of 8 full time and 2 part time members of staff.

Financial Profile

The turnover has increased in the last few years, we are advised the business generates a turnover in the region of £650,000 – £1,000,000 per annum.